Asian Market Updates

Malaysia Bourse May See Renewed Support On Tuesday

The Malaysia stock market turned lower again on Monday, one session after ending the two-day slide in which it had dropped more than 20 points or 1.4 percent. The Kuala Lumpur Composite Index now sits just above the 1,500-point plateau and it figures to bounce higher again on Tuesday.

The global forecast for the Asian markets is upbeat, with support expected from the technology stocks and oil companies. The European markets were slightly lower and the U.S. bourses were sharply higher and the Asian markets figure to follow the latter lead.

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by RTTNews Staff Writer

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