Kuala Lumpur Composite Index Ends Four-Day Winning Streak
The Kuala Lumpur Composite Index closed lower on Monday as financial and utility losses offset gains in energy and industrial sectors.
The Kuala Lumpur Composite Index ended a four-day winning streak on Monday, October 26, 2026, closing at 1,604.36. The index dipped 7.20 points, or 0.45 percent, as losses in the utilities, plantations, and financials sectors outweighed support from energy and industrial companies.
Global market trends provided a mixed backdrop. Wall Street saw gains across the S&P 500, NASDAQ, and Dow as traders engaged in bargain hunting. Meanwhile, crude oil prices fell following a visit by a Qatari delegation to Iran to discuss the de-escalation of regional conflicts.
Market participants expect a rebound on Tuesday, tracking positive momentum from U.S. and European markets. Investors are now focused on the Federal Reserve, which is widely expected to keep interest rates unchanged during its monetary policy announcement on Wednesday.