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Kuala Lumpur index dips after five-day rise, amid global uncertainty and profit-taking ahead of Malaysia’s Budget 2026.
The Kuala Lumpur Composite Index ended slightly lower Friday, closing at 1,635.06, ending a five-day winning streak amid mixed sector performance with telecoms and property declining.
Global markets were unsettled by the ongoing U.S. government shutdown, disrupting key economic data releases.
Wall Street posted mixed results, with the Dow hitting a record high, while tech stocks like Nvidia and Tesla weakened.
Crude oil rose on dollar weakness, and gold surged past $3,900 amid safe-haven demand.
Malaysia’s market remained cautious ahead of Budget 2026, with traders taking profits and the ringgit weakening.
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El índice de Kuala Lumpur cae después de cinco días de aumento, en medio de la incertidumbre global y la toma de ganancias antes del presupuesto de Malasia para 2026.