Lower Open Anticipated For Malaysia Stock Market

The Malaysia stock market headed south again on Friday, one day after snapping the four-day winning streak in which it had improved more than 30 points or 2 percent. The Kuala Lumpur Composite Index now sits just beneath the 1,575-point plateau and it may open under pressure again on Monday.

The global forecast for the Asian markets is cautious ahead of the FOMC meeting later this week. The European and U.S. markets were mostly lower and the Asian bourses are expected to follow that lead.

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by RTTNews Staff Writer

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