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Malaysian stock market: nearly 30 points collected

17/11/2022
Categories: Index/Markets

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The Malaysian stock market raked in nearly 30 points or 2% along the way, climbing higher in three consecutive sessions.

Now the Kuala Lumpur Composite Index is located The Kuala Lumpur Composite Index is located. As for the interest rate outlook, overall forecasts for Asian markets remain optimistic about optimism. European and American markets, for their part, were on the rise, while Asian exchanges are expected to open in the same way.

While finances were mixed, KLCI ended up sharply higher on Friday after gains by glove makers, plantations, and telecoms. After trading at 1,459.54, the index advanced 18.47 points or 1.27% to end at the daily high of 1,468.21 for the day on Friday.

While the main averages opened on Friday, the lead on Wall Street ended up being positive, with the Dow Jones spending most of the session in negative territory before going into the green at the end of the day. While the NASDAQ jumped 209.18 points or 1.88% to close at 11,323.33, the Dow Jones rose 32.49 points or 0.10% to end at 33,747.86 and the S&P 500 advanced 36.56 points or 0.92% to end at 3,992.93.

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