Malaysian Stocks Decrease 0.1% in Early Trading

Dow Jones
09/22

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 declined 0.1% to 1665.81.

Among local companies with a market cap of at least 4 billion Malaysian ringgit ($981.2 million), 99 Speed Mart Retail is the biggest early laggard, dropping 1.5%, followed by shares of Petronas Chemicals Group, which dropped 1.3%. Shares of QL Resources fell 1.3%.

Mi Technovation is the biggest leader this morning, increasing 2.7%, and Unisem (M) added 2.0%. Nationgate Holdings rounds out the top three movers, as shares rose 1.7%.

The dollar held steady against the ringgit at 4.08 ringgit.

In the bond markets, the 10-year Malaysian government bond yield rose 1 basis point to 4.000%.

Data source: Dow Jones Market Data, FactSet

 

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