Malaysian Stocks Add 0.2% in Morning Trading

Dow Jones07-29

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

Stocks in Malaysia rose during early trading Wednesday, as the FTSE Bursa Malaysia KLCI rose 0.2% to 1716.67.

Among local companies with a market cap of at least 4 billion Malaysian ringgit ($978.7 million), Mr. D.I.Y. Group (M) is the biggest leader this morning, gaining 1.9%, and Nestle (Malaysia) rose 1.4%. IOI rounds out the top three movers, as shares gained 1.4%.

Unisem (M) is the biggest early laggard, falling 2.1%, followed by shares of UWC, which declined 1.6%. Shares of Frontken fell 1.6%.

The dollar weakened 0.1% against the ringgit to 4.09 ringgit.

In the bond markets, the 10-year Malaysian government bond yield held steady at 3.715%.

Data source: Dow Jones Market Data, FactSet

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