Malaysian Stock Market Recap
Malaysian shares took a downturn, breaking a one-day gaining streak on Friday. The benchmark FTSE Bursa Malaysia KLCI (FBMKLCI) declined 0.9% to 1,538.02.
Top Losers
- Gamuda (5398) -5.86%
- IOI Properties Group (5249) -5.22%
- TIME dotCom (5031) -3.64%
Gamuda, a real estate/construction firm, saw the largest decline of 5.9%. This was followed by IOI Properties Group, another real estate/construction company, with a decrease of 5.2%.
Top Gainers
- Dialog Group (7277) +2.38%
- QL Resources (7084) +2.07%
- Hap Seng Consolidated (3034) +1.13%
Dialog Group, an energy company, led the way with a gain of 2.4%. QL Resources, an agriculture firm, also saw a rise of 2.1%. Hap Seng Consolidated, operating in the business/consumer services sector, rounded out the top three leaders with shares increasing by 1.1%.
Southeast Asia Market Highlights
- Singapore: FTSE Straits Times Index (STI) dropped 0.3%
- Thailand: SET Index increased by 0.1%
- Philippines: PSEi Index declined by 0.4%
- Indonesia: JSX Composite Index declined by 0.1%
Asia-Pacific Market Update
- Hong Kong: Hang Seng Index up by 0.5%
- Japan: NIKKEI 225 Index gained 1.9%
- China: Shanghai Composite Index gained 0.4%
- Australia: S&P/ASX 200 Benchmark Index rose by 0.6%
Currency Movement
- USD to MYR: Fell by 0.1% to 4.74 Malaysian ringgit
- EUR to MYR: Held steady at 5.13 ringgit
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