The Malaysia stock market has moved higher in back-to-back sessions, collecting almost a dozen points or 0.8 percent along the way. The Kuala Lumpur Composite Index now sits just above the 1,695-point plateau although investors may lock in gains on Monday.
The global forecast for the Asian markets is gloomy after the Strait of Hormuz was shut down again over the weekend. The European and U.S. markets were sharply higher on Friday, but the Asian bourses are now expected to open under pressure on Monday.
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April 17, 2026 15:29 ET The ongoing conflict in the Middle East continues to raise concerns for policymakers who worry about the impact of the supply shock and high energy prices on the real economy. Producer price data and various survey results on the housing market were the main news from the U.S. this week. In Europe, industrial production data for the euro area gained attention. GDP figures out of China and the policy move by the Singapore central bank were in focus in Asia.