Malaysia’s KLCI index climbs for second day


Published: Jan. 4, 2024 at 4:31 a.m. ET

Malaysian shares rose for the second consecutive session Thursday, with the benchmark FTSE Bursa Malaysia KLCI FTSE Bursa Malaysia KLCI rising 1.0% to 1,477.26.

YTL Power International YTL Power International Bhd, a company, was the biggest leader during the session, gaining 7.1%, and telecommunication services firm Axiata Group Axiata Group Bhd added 4.6%. Gamuda Gamuda Bhd, which operates in the real estate/construction space, rounded out the top three leaders on Thursday, with shares increasing 3.8%.

Petronas…

Malaysian shares rose for the second consecutive session Thursday, with the benchmark FTSE Bursa Malaysia KLCI

FBMKLCI

rising 1.0% to 1,477.26.

YTL Power International

6742

,
a company, was the biggest leader during the session, gaining 7.1%, and telecommunication services firm Axiata Group

6888

added 4.6%. Gamuda

5398

,
which operates in the real estate/construction space, rounded out the top three leaders on Thursday, with shares increasing 3.8%.

Petronas Dagangan

5681

,
an energy firm, posted the largest decline, falling 2.2%, followed by shares of retail/wholesale company Mr. D.I.Y. Group (M)

5296

,
which fell 1.4%. Shares of basic materials/resources company Press Metal Aluminium

8869

fell 1.0%.

In other parts of Southeast Asia, Singapore’s FTSE Straits Times Index

STI

fell 0.9%, while the Thailand SET Index

SET

rose 0.2%. The Philippines’ PSEi Index

PSEI

increased 1.6%, and Indonesia’s JSX Composite Index

JAKIDX

added 1.1%.

Elsewhere in the Asia-Pacific region, Hong Kong stocks was flat at, with the Hang Seng Index

HSI

holding steady 16,645.98, while the NIKKEI 225 Index

NIK

of Japanese companies declined 0.5%. The Shanghai Composite Index

SHCOMP

of Chinese companies declined 0.4%.

The KOSPI Composite Index

180721

of South Korean stocks declined 0.8%, while the S&P/ASX 200 Benchmark Index

XJO

of Australian stocks fell 0.4%.

On the currency front, the U.S. dollar

USDMYR

climbed 0.1% to 4.64 Malaysian ringgit, and the euro

EURMYR

climbed 0.4% to 5.08 ringgit.


Editor’s Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.



This article was originally published by a www.marketwatch.com . Read the Original article here. .