The Malaysia stock market on Friday snapped the three-day winning streak in which it had rallied more than 35 points or 2 percent. The Kuala Lumpur Composite Index now sits just beneath the 1,700-point plateau and the losses may accelerate on Monday.
The global forecast for the Asian markets is soft on continuing concerns over the war in the Middle East and the resulting surge in oil prices. The European and U.S. markets were down and the Asian bourses are expected to follow to the downside.
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Market Analysis
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.