The Malaysia stock market has moved higher in two straight sessions, advancing more than 20 points or 1.2 percent. The Kuala Lumpur Composite Index now sits just above the 1,750-point plateau and it may add to its winnings again on Tuesday. The global forecast for the Asian markets is cautiously optimistic amidst an extended rebound among technology companies and ahead of key U.S. data later this week. The European and U.S. markets were up and the Asian bourses are expected to follow that lead.
The KLCI finished sharply higher on Monday following gains from the financial shares and industrials, while the plantations and telecoms were mixed. For the day, the index climbed 18.47 points or 1.07 percent to finish at 1,751.30 after trading between 1,736.32 and 1,752.13. Among the actives, 99 Speed Mart Retail skyrocketed 4.80 percent, while AMMB Holdings perked 0.30 percent, Axiata plummeted 8.37 percent, Celcomdigi and Public Bank both acceleraed 2.21 percent, CIMB Group increased 1.06 percent, Gamuda stumbled 1.71 percent, IHH Healthcare rallied 1.59 percent, Kuala Lumpur Kepong picked up 0.41 percent, Maxis added 1.04 percent, Maybank collected 1.01 percent, MISC advanced 1.25 percent, MRDIY spiked 2.23 percent, Nestle Malaysia sank 0.62 percent, Petronas Chemicals surged 4.75 percent, Petronas Dagangan improved 1.07 percent, Petronas Gas jumped 1.65 percent, PPB Group gathered 0.54 percent, Press Metal and RHB Bank both strengthened 1.47 percent, QL Resources rose 0.96 percent, Sime Darby soared 3.24 percent, Sunway was up 0.35 percent, Telekom Malaysia vaulted 1.52 percent, Tenaga Nasional climbed 1.43 percent, YTL Corporation expanded 1.50 percent, YTL Power gained 0.98 percent and IOI Corporation and SD Guthrie both were unchanged.
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April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.