Malaysian Stock Market Update

Malaysian Stock Market Update

Malaysian stocks experienced a slight decline for the second consecutive session on Thursday, as the benchmark FTSE Bursa Malaysia KLCI FBMKLCI dropped by 0.4% to 1,545.49.

Top Gainers and Losers

• YTL (4677) led the decliners, with a 3.2% drop.

• YTL Power International (6742) followed suit with a 3.1% decline.

• PPB Group (4065) saw a 1.9% decrease.

• Dialog Group (7277), an energy company, emerged as the biggest leader with a 4.5% increase.

• Sunway Bhd (5211), a real estate/construction firm, gained 3.3%.

• Inari Amertron (0166), operating in the technology space, rounded out the top three leaders with a 2.5% rise.

Market Trends in Southeast Asia

• Singapore‘s FTSE Straits Times Index increased by 0.1%.
• Thailand‘s SET Index added 0.7%.
• Philippines‘ PSEi Index saw a 0.1% increase.
• Indonesia‘s JSX Composite Index dropped by 0.1%.

Asia-Pacific Region Overview

• Hong Kong stocks rose, with the Hang Seng Index up by 1.5%.

• Japan‘s NIKKEI 225 Index increased by 2.2%.

• China‘s Shanghai Composite Index added 1.3%.

• South Korea stocks gained 0.4% with the KOSPI Composite Index.

• Australia‘s S&P/ASX 200 Benchmark Index remained flat.

Currency Exchange

On the currency front:

• The U.S. dollar fell by 0.5% against the Malaysian ringgit.
• The euro experienced a 0.1% decrease against the ringgit.