Malaysian Stocks Decline 0.1% in Early Trading

Dow Jones07-31

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

Stocks in Malaysia slipped during early trading Friday, as the FTSE Bursa Malaysia KLCI fell 0.1% to 1718.53.

Among local companies with a market cap of at least 4 billion Malaysian ringgit ($980.7 million), SD Guthrie is the biggest early laggard, declining 1.1%, followed by shares of Eco World Devt Grp, which slipped 1.0%. Shares of RHB Bank slipped 0.8%.

Vitrox is the biggest leader this morning, jumping 15%, and Malaysian Pacific Inds jumped 5.2%. Unisem (M) rounds out the top three movers, as shares added 4.3%.

The dollar weakened 0.3% against the ringgit to 4.08 ringgit.

In the bond markets, the 10-year Malaysian government bond yield was flat at 3.735%.

Data source: Dow Jones Market Data, FactSet

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment