Malaysian Stocks Decline 0.4%

Dow Jones08-27 17:21

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

Stocks in Malaysia slipped Thursday, as the FTSE Bursa Malaysia KLCI declined 0.4% to 1741.72.

Among local companies with a market cap of at least 4 billion Malaysian ringgit ($991.9 million), Zetrix AI was the biggest laggard, tumbling 9.8%, followed by shares of Greatech Technology, which declined 4.5%. Shares of Public Bank fell 2.9%.

Unisem (M) was the biggest leader during the session, surging 5.6%, and Inari Amertron surged 4.2%. Vitrox rounded out the top three movers, as shares increased 4.2%.

On the currency front, the WSJ Dollar Index was flat at 95.58. The dollar strengthened 0.2% against the ringgit to 4.03 ringgit.

In the bond markets, the 10-year Malaysian government bond yield rose 2 basis points to 3.860%.

Data source: Dow Jones Market Data, FactSet

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