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Market Impact: 0.15

Malaysia Bourse May Test Support At 1,700 Points

Emerging MarketsMarket Technicals & FlowsInvestor Sentiment & Positioning

The Kuala Lumpur Composite Index ended a two-day winning streak after previously gaining more than 30 points (about 2%), and now sits just above the 1,720 level. The market is showing signs of weakness and the article suggests the index may face further downside on Friday.

Analysis

The Kuala Lumpur Composite Index ended a two-day winning streak after previously gaining more than 30 points (about 2%), and now sits just above the 1,720 level. The market is showing signs of weakness and the article suggests the index may face further downside on Friday.

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Market Sentiment

Overall Sentiment

mildly negative

Sentiment Score

-0.15