Asian Market Updates

Continued Consolidation Called For Malaysia Bourse

The Malaysia stock market has moved lower in four straight sessions, shedding more than 80 points or 5.3 percent along the way. The Kuala Lumpur Composite Index now sits just above the 1,440-point plateau and it may extend its losing streak again on Wednesday.

The global forecast suggests volatility, with wild swings on deeply discounted stocks tempered by ongoing trade concerns. The European markets were up and the U.S. bourses were down and the Asian markets figure to follow the latter lead.

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by RTTNews Staff Writer

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