Malaysian Stocks Drop 0.2% in Morning Trading

Dow Jones
Sep 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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