India, Feb. 13 -- The Malaysia stock market on Tuesday snapped the two-day slide in which it had eased less than a single point or 0.1 percent. The Kuala Lumpur Composite Index now sits just above the 1,530-point plateau although it figures to head south again on Wednesday.
The global forecast for the Asian markets is broadly negative on rising pessimism over the outlook for interest rates. The European and U.S. markets finished sharply lower and the Asian markets figure to also open under pressure.
The KLCI finished sharply higher on Tuesday following gains from the financial shares, plantation stocks and telecoms.
For the day, the index advanced 19.09 points or 1.26 percent to finish at 1,531.37 after trading between 1,512.63 and 1,533...