Malaysian Stocks Add 0.2% in Early Trading

Dow Jones10-14 09:31

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 increased 0.2% to 1626.66.

Among local companies with a market cap of at least 4 billion Malaysian ringgit ($979.8 million), Genting Malaysia is the biggest leader this morning, gaining 1.6%, and AMMB Holdings gained 1.4%. Genting rounds out the top three movers, as shares added 1.4%.

Solarvest Holdings is the biggest early laggard, tumbling 6.6%, followed by shares of Ranhill Utilities, which dropped 2.8%. Shares of Mr. D.I.Y. Group (M) dropped 2.5%.

The dollar weakened 0.1% against the ringgit to 4.08 ringgit.

In the bond markets, the 10-year Malaysian government bond yield declined 0.9 basis point to 3.846%.

Data source: Dow Jones Market Data, FactSet

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