The Malaysia stock market headed south again on Thursday, one day after ending the two-day slide in which it had slumped more than 20 points or 1.1 percent. The Kuala Lumpur Composite Index now sits just above the 1,710-point plateau and it's expected to open under water again on Friday.
The global forecast for the Asian markets is negative on concerns over the conflict in the Middle East. The European and U.S. markets were sharply lower and the Asian bourses figure to follow that lead.
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Market Analysis
June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.