The Malaysia stock market turned lower again on Wednesday, one day after ending the two-day losing streak in which it had slumped more than a dozen points or 0.6 percent. The Kuala Lumpur Composite Index now sits just above the 1,745-point plateau although it may bounce higher again on Thursday.
The global forecast for the Asian markets is cautiously optimistic on hopes for an end to the hostilities in the Middle East. The European markets were up and the U.S. bourses were mostly higher and the Asian markets are also expected to track to the upside.
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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.