Stocks bounce as Trump cancels Iran strike, oil sinks
Malaysian stock markets saw a rebound following positive signals regarding US-Iran geopolitical tensions and a decline in oil prices. Analysts expect continued interest in technology and AI-related sectors, though local political risks remain a concern.
Why it matters
Global market sentiment is highly sensitive to geopolitical stability and energy prices, which directly impact regional equity performance.
KUALA LUMPUR: The domestic stock market took on positive momentum on the heels of a steep Wall Street rebound as US President Donald Trump called off a strike on Iran and signalled a peace deal.
The article reports on market movements and analyst outlooks without taking a political stance.
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