The Malaysia stock market has moved higher in four straight sessions, collecting almost 40 points or 2.4 percent along the way. The Kuala Lumpur Composite Index now sits just above the 1,715-point plateau and investors are likely to cash in on Wednesday.
The global forecast for the Asian markets remains grim thanks to ongoing geopolitical concerns in the Middle East. The European and U.S. markets were down and the Asian bourses are expected to follow that lead.
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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.