(RTTNews) – On Thursday, Malaysia’s inventory swap ended a three-day streak of back-to-back wins in which it had risen just about 15 issues or 1%. their losses on Friday were greater.
The overall forecasts for the consolidation of Asian markets are based on considerations of inflation and the outlook for interest rates. European and U. S. markets fell and Asian stock markets are expected to open in the same way.
The KLCI ended the slump on Thursday following losses from financiers and telecoms, as glove makers surged and plantations were mixed.
During the day, the index lost 9. 85 issues or 0. 64% to close at 1,537. 80 after trading between 1,532. 56 and 1,549. 36. The share volume of 4,388 million values 3,337 million ringgit. There were 530 decliners and 458 winners.
Wall Street’s lead is negative as primary averages opened higher on Thursday but temporarily fell into the red and ended in negative territory.
The Dow Jones sank 546. 80 issues or 1. 59% to end at 33,843. 92, while the NASDAQ lost 63. 86 issues or 0. 44% to close at 14,448. 58 and the S
For the month of September, the Dow Jones plunged 4. 3%, while the NASDAQ and S
Concerns about the inflation outlook continued to weigh on markets, as did signs that the Federal Reserve plans to start cutting its asset purchases in the near future.
Crude oil futures stabilized higher on Thursday, supported by reports that China ordered state-owned power corporations to protect winter supplies. West Texas Intermediate crude oil futures for November ended at $0. 20 or 0. 3% at $75. 03 a barrel.