Malaysian Stocks Decline 0.2%

Dow Jones09-24 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 dropped 0.2% to 1672.31.

Among local companies with a market cap of at least 4 billion Malaysian ringgit ($978.7 million), Mi Technovation was the biggest laggard, plunging 5.2%, followed by shares of Unisem (M), which plunged 5.1%. Shares of YTL fell 3.7%.

Ranhill Utilities was the biggest leader during the session, gaining 2.8%, and Sarawak Oil Palms gained 2.2%. Nestle (Malaysia) rounded out the top three movers, as shares increased 2.2%.

On the currency front, the WSJ Dollar Index increased 0.1% to 96.87. The dollar strengthened 0.2% against the ringgit to 4.09 ringgit.

In the bond markets, the 10-year Malaysian government bond yield rose 7 basis points to 3.980%.

Data source: Dow Jones Market Data, FactSet

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