LOGO
LOGO

Asian Market Updates

Malaysia Bourse May Test Support At 1,700 Points

By RTTNews Staff Writer   ✉   | Published:   | Follow Us On Google News   | Join Us

The Malaysia stock market on Thursday ended the two-day winning streak in which it had collected more than 30 points or 2 percent. The Kuala Lumpur Composite Index now sits just above the 1,720-point plateau and it may take further damage on Friday.

The global forecast for the Asian markets is weak on concerns over the Middle East conflict, although easing oil prices may limit the downside. The European and U.S. markets were down and the Asian bourses are expected to open in similar fashion.

Subscribe to continue reading the article.
This article is part of our premium content offering.Subscribe with a RTTNews subscription.
Subscribe Now
Already subscribed? Sign in

For comments and feedback contact: editorial@rttnews.com

Market Analysis

Global Economics Weekly Update: May 11 – May 15, 2026

May 15, 2026 15:25 ET
Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.

Latest Updates on COVID-19