Just seen the Malaysia market wrap up another sluggish session on Friday. The KLCI dropped over 11 points to close around 1,739, which puts it down nearly 1 percent for the week. Honestly, it's been pretty steady at that level, hovering just below the 1,740 mark.

From what I've seen in the trading, the financials and telecoms dragged things down - Axiata slipped 0.87 percent, Celcomdigi fell 0.62 percent, and Public Bank took a bigger hit at 1.75 percent. But there were bright spots too. Maxis had a solid day rallying 2.09 percent, and IHH Healthcare jumped 1.15 percent. Most of the plantations and industrials were mixed, which is typical for this time of year.

The broader Asian markets are expected to stay quiet heading into the week with the Lunar New Year holidays kicking in. If you've been seeing the same pattern I have, the major indices aren't showing much conviction either way. Wall Street ended mixed - the Dow barely budged, NASDAQ pulled back slightly, and the S&P 500 was flat. The real driver was that inflation report which came in cooler than expected, so there's some optimism building around interest rates.

Oil prices ticked up a bit too. WTI crude for March was seen trading around $62.90, recovering slightly from the previous session's drop. Nothing dramatic, but worth noting if you're watching commodities. Overall, it's shaping up to be a quiet week across most markets, which is probably what traders need after the volatility we've seen lately.