Malaysian Stocks Fall 1.1%

Dow Jones
Yesterday

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

Stocks in Malaysia fell Tuesday, as the FTSE Bursa Malaysia KLCI declined 1.1% to 1679.21.

Among local companies with a market cap of at least 4 billion Malaysian ringgit ($981.9 million), Unisem (M) was the biggest laggard, falling 3.8%, followed by shares of Mi Technovation, which declined 3.5%. Shares of Press Metal Aluminium dropped 3.1%.

Yinson Holdings was the biggest leader during the session, jumping 6.5%, and Gas Malaysia surged 2.4%. Eco World Devt Grp rounded out the top three movers, as shares added 2.1%.

On the currency front, the WSJ Dollar Index rose 0.2% to 95.63. The dollar strengthened 0.1% against the ringgit to 4.07 ringgit.

In the bond markets, the 10-year Malaysian government bond yield rose 1.5 basis points to 4.200%.

Data source: Dow Jones Market Data, FactSet

 

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