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Asian Market Commentary

Malaysia Bourse May Extend Losing Streak

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us

The Malaysia stock market has finished lower in back-to-back sessions, sinking almost 20 points or 1.2 percent in that span. The Kuala Lumpur Composite Index now sits just above the 1,675-point plateau and it may take further damage on Wednesday.

The global forecast for the Asian markets is negative as hostilities in the Middle East tick higher. The European and U.S. markets were mostly in the red and the Asin bourses are likely to follow that lead.

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