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According to Malaysia's national news agency, the FTSE Bursa Malaysia KLCI rebounded and closed higher on Wednesday, rising by 7.92 points or 0.46% to 1,716.68 points. This followed gains in regional markets, mainly boosted by a sharp drop in oil prices which lifted overall market sentiment.Mohd Sedek Jantan, IPPFA's Investment Strategy Director, pointed out that Brent crude oil fell by more than 5% as the market heard news of a US-drafted ceasefire proposal involving Iran, helping to ease immediate concerns about supply shocks.He stated that a significant decline in oil prices usually translates swiftly into lower inflation expectations and reduces pressure on the global policy outlook, thereby providing more upside potential for the stock market. However, he noted that the current market movement is more a pullback of the geopolitical risk premium rather than a substantial improvement in fundamentals.Thong Pak Leng, Vice President of Equity Research at Rakuten Trade, believes that domestically, the index holding above the psychological support level of 1,700 points indicates the overall upward trend remains intact. The short-term outlook is inclined towards cautious consolidation, and the index may fluctuate between 1,690 and 1,730 for the remainder of the week.From a trading perspective, the recent short-term decline in oil prices has provided a window of respite for emerging markets. However, market sentiment remains highly dependent on the evolution of news, and any changes in oil prices or geopolitical developments could quickly alter the market tone.

According to monitoring by Hyperinsight, the whale address starting with 0x10e opened a TAO long position today with 5x leverage, with an average entry price of $315 and a position size of $2.36 million. The current unrealized profit is $230,000 (49%), and the liquidation price is $143. This address placed 93 sell orders in the afternoon, totaling approximately $2.46 million, planning to take profits in batches if the price rises above $351.77, with the target range extending to $375.

Golden Finance, March 25｜Sony Group and Honda Motor announced on March 25 that they will terminate the development and launch plans for their Afeela series of electric vehicles. Due to Honda's reevaluation of its electrification strategy, the original business plan is no longer feasible. Sony expects that, given the "asset-light" operating model adopted by Sony Honda Mobility, this change will not have a material impact on its financial position.