On edge, with cautious optimism

WARS and rumours of wars weighed heavily on global financial markets over the week, and the Malaysian equity market was not spared from the turmoil. The outlook for the week ahead appears no different, with the local stock market expected to remain in the grip of cautious sentiment, as global geopolitical tensions continue to weigh on investor confidence.

In particular, investors are likely to keep a close eye on the escalating conflict in the Middle East, which could significantly impact global oil prices and, by extension, energy stocks on the local exchange.