Kuala Lumpur, 4 May 2026 – Bursa Malaysia opened higher on Monday as investor sentiment improved after crude oil prices eased from recent highs, following signals from the United States that it may begin efforts to help free ships stranded in the Strait of Hormuz.
The local market gapped up in early trade, reflecting renewed bargain-hunting and cautious relief after Brent crude retreated. Brent futures for June delivery fell 0.4 percent to hover near US$108 per barrel, extending its decline after touching a high of US$126 per barrel last Friday. The easing in oil prices helped calm immediate inflation concerns and supported risk appetite across regional markets.
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