Malaysian Stocks Drop 0.1% in Early Trading

Dow Jones09-21

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

Stocks in Malaysia slipped during early trading Monday, as the FTSE Bursa Malaysia KLCI dropped 0.1% to 1663.20.

Among local companies with a market cap of at least 4 billion Malaysian ringgit ($981.5 million), TIME dotCom is the biggest early laggard, plunging 7.3%, followed by shares of QL Resources, which tumbled 7.2%. Shares of Sunway Construction Group plunged 6.5%.

Nationgate Holdings is the biggest leader this morning, gaining 1.7%, and Greatech Technology added 1.6%. Mr. D.I.Y. Group (M) rounds out the top three movers, as shares increased 1.6%.

The dollar weakened 0.2% against the ringgit to 4.08 ringgit.

In the bond markets, the 10-year Malaysian government bond yield declined 1.5 basis points to 3.950%.

Data source: Dow Jones Market Data, FactSet

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