Malaysian Stocks Drop 0.3% in Early Trading

Dow Jones
Sep 10

This article was automatically generated by Dow Jones using technology from Automated Insights.

Stocks in Malaysia slipped during early trading Thursday, as the FTSE Bursa Malaysia KLCI fell 0.3% to 1709.67.

Among local companies with a market cap of at least 4 billion Malaysian ringgit ($982.9 million), IJM is the biggest early laggard, declining 1.7%, followed by shares of Unisem (M), which fell 1.6%. Shares of Sime Darby declined 1.5%.

Petronas Chemicals Group is the biggest leader this morning, increasing 3.1%, and Kerjaya Prospek Group increased 2.1%. Top Glove rounds out the top three movers, as shares added 1.6%.

The dollar held steady against the ringgit at 4.07 ringgit.

In the bond markets, the 10-year Malaysian government bond yield increased 1 basis point to 4.145%.

Data source: Dow Jones Market Data, FactSet

 

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