Malaysian Stocks Climb 0.3%

Dow Jones07-30

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

Stocks in Malaysia rose Thursday, as the FTSE Bursa Malaysia KLCI increased 0.3% to 1720.40.

Among local companies with a market cap of at least 4 billion Malaysian ringgit ($977.4 million), Top Glove was the biggest leader during the session, adding 3.1%, and Nestle (Malaysia) increased 2.8%. Westports Holdings rounded out the top three movers, as shares gained 2.5%.

Unisem (M) was the biggest laggard, dropping 3.1%, followed by shares of Malaysian Pacific Inds, which declined 2.5%. Shares of IJM fell 2.0%.

On the currency front, the WSJ Dollar Index was flat at 97.17. The dollar strengthened 0.1% against the ringgit to 4.09 ringgit.

In the bond markets, the 10-year Malaysian government bond yield held steady at 3.735%.

Data source: Dow Jones Market Data, FactSet

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