Malaysian Stocks Fall 0.5%

Dow Jones
Sep 10

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

Stocks in Malaysia slipped Thursday, as the FTSE Bursa Malaysia KLCI declined 0.5% to 1705.52.

Among local companies with a market cap of at least 4 billion Malaysian ringgit ($983.8 million), Mr. D.I.Y. Group (M) was the biggest laggard, plunging 5.2%, followed by shares of Sime Darby, which fell 3.8%. Shares of OSK Holdings declined 3.1%.

Top Glove was the biggest leader during the session, surging 21%, and Kerjaya Prospek Group jumped 7.3%. Petronas Chemicals Group rounded out the top three movers, as shares jumped 5.9%.

On the currency front, the WSJ Dollar Index held steady at 94.88. The dollar weakened 0.1% against the ringgit to 4.07 ringgit.

In the bond markets, the 10-year Malaysian government bond yield increased 1.5 basis points to 4.150%.

Data source: Dow Jones Market Data, FactSet

 

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