Malaysian Stocks Close Flat

Dow Jones
Sep 09

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

Stocks in Malaysia were flat Wednesday, as the FTSE Bursa Malaysia KLCI held steady at 1714.34.

Among local companies with a market cap of at least 4 billion Malaysian ringgit ($983.6 million), UWC was the biggest leader during the session, adding 4.0%, and Telekom Malaysia rose 3.7%. Sime Darby rounded out the top three movers, as shares gained 3.5%.

Genting was the biggest laggard, dropping 4.0%, followed by shares of Genting Malaysia, which declined 3.8%. Shares of Mr. D.I.Y. Group (M) dropped 2.2%.

On the currency front, the WSJ Dollar Index dropped 0.1% to 94.84. The dollar strengthened 0.1% against the ringgit to 4.07 ringgit.

In the bond markets, the 10-year Malaysian government bond yield increased 3 basis points to 4.135%.

Data source: Dow Jones Market Data, FactSet

 

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