Malaysian Stocks Drop 0.2% in Morning Trading

Dow Jones
09/08

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

Stocks in Malaysia slipped during early trading Tuesday, as the FTSE Bursa Malaysia KLCI fell 0.2% to 1711.68.

Among local companies with a market cap of at least 4 billion Malaysian ringgit ($988.8 million), Genting is the biggest early laggard, dropping 2.0%, followed by shares of Eco World Devt Grp, which dropped 1.5%. Shares of Eco-Shop Marketing dropped 1.3%.

Johor Plantations Group is the biggest leader this morning, gaining 2.6%, and Itmax System increased 1.6%. Mr. D.I.Y. Group (M) rounds out the top three movers, as shares increased 1.5%.

The dollar held steady against the ringgit at 4.05 ringgit.

In the bond markets, the 10-year Malaysian government bond yield rose 2 basis points to 4.040%.

Data source: Dow Jones Market Data, FactSet

 

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