The Malaysia stock market on Monday snapped the two-day winning streak in which it had collected more than 20 points or 1.2 percent. The Kuala Lumpur Composite Index now sits just beneath the 1,680-point plateau although it may bounce higher again on Tuesday. The global forecast for the Asian markets is cautiously optimistic on bargain hunting, with support expected especially among the technology and oil sectors. The European markets were soft and the U.S. bourse were mostly higher and the Asian markets figure to follow the latter lead. The KLCI finished modestly lower on Monday as losses from the financial shares and telecoms were mitigated by support from the plantations. For the day, the index shed 13.91 points or 0.82 percent to finish at 1,679.52 after trading between 1,676.95 and 1,684.14. Among the actives, 99 Speed Mart Retail climbed 1.21 percent, while AMMB Holdings retreated 1.53 percent, Axiata skidded 1.02 percent, Celcomdigi contracted 1.42 percent, Gamuda and Maybank both dropped 0.93 percent, IHH Healthcare crashed 2.82 percent, IOI Corporation gained 0.72 percent, Kuala Lumpur Kepong and Telekom Malaysia both dipped 0.40 percent, Maxis sank 0.91 percent, MISC lost 0.61 percent, MRDIY plummeted 3.11 percent, Nestle Malaysia tanked 2.42 percent, Petronas Chemicals rallied 2.03 percent, Petronas Dagangan cratered 3.33 percent, Petronas Gas perked 0.11 percent, PPB Group shed 0.62 percent, Press Metal surrendered 2.20 percent, Public Bank tumbled 1.85 percent, QL Resources added 0.55 percent, RHB Bank slumped 1.06 percent, Sime Darby declined 1.46 percent, SD Guthrie jumped 1.86 percent, Sunway fell 0.57 percent, Tenaga Nasional rose 0.42 percent, YTL Corporation plunged 2.90 percent, YTL Power stumbled 1.93 percent and CIMB Group was unchanged.
The lead from Wall Street suggests mild upside as the major averages opened higher on Monday but faded as the day progressed, with the Dow slipping into the red.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.