The Malaysia stock market bounced higher again on Tuesday, one day after ending the two-day winning streak in which it had gathered almost 10 points or 0.6 percent. The Kuala Lumpur Composite Index now rests just above the 1,670-point plateau and it may add to its winnings on Wednesday.
The global forecast for the Asian markets is positive on continued optimism over the outlook for interest rates. The European and U.S. markets saw mild upside and the Asian bourses figure to open in similar fashion, although some of the more oversold markets may correct to the downside.
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