India, March 23 -- Ahead of the long holiday weekend for Eid-ul-Fitr, the Malaysia stock market had ended the two-day winning streak in which it had collected more than 30 points or 2 percent. The Kuala Lumpur Composite Index now sits just above the 1,720-point plateau although it's looking at a soft start as it catches up on missed sentiment.
The global forecast for the Asian markets is upbeat as tensions in the Middle East take a slight breather. The European markets were mixed and the U.S. bourses were up and the Asian markets are expected to follow the latter lead.
The KLCI finished modestly lower on Thursday following losses from the financial shares, gains from the plantations and mixed performances from the industrials and telecoms...