Malaysia’s KLCI index climbs for second session


Published: Feb. 2, 2024 at 4:31 a.m. ET

Malaysian stocks gained for the second consecutive session Friday, with the benchmark FTSE Bursa Malaysia KLCI FTSE Bursa Malaysia KLCI adding 0.2% to 1,516.58.

Genting Genting Bhd, a leisure/arts/hospitality company, was the biggest leader during the session, rising 3.0%, and retail/wholesale firm Mr. D.I.Y. Group (M) Mr. D.I.Y. Group (M) Bhd gained 2.9%. Malaysia Airports Hldgs Malaysia Airports Holdings Bhd, which operates in the transportation/logistics space, rounded out the top three leaders on Friday, with shares adding…

Malaysian stocks gained for the second consecutive session Friday, with the benchmark FTSE Bursa Malaysia KLCI

FBMKLCI

adding 0.2% to 1,516.58.

Genting

3182

,
a leisure/arts/hospitality company, was the biggest leader during the session, rising 3.0%, and retail/wholesale firm Mr. D.I.Y. Group (M)

5296

gained 2.9%. Malaysia Airports Hldgs

5014

,
which operates in the transportation/logistics space, rounded out the top three leaders on Friday, with shares adding 2.7%.

YTL

4677

,
a firm, posted the largest decline, dropping 4.3%, followed by shares of company YTL Power International

6742

,
which declined 4.1%. Shares of basic materials/resources company Press Metal Aluminium

8869

fell 1.9%.

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

STI

rose 1.0%, and the Thailand SET Index

SET

increased 1.3%. The Philippines’ PSEi Index

PSEI

rose 1.3%, and Indonesia’s JSX Composite Index

JAKIDX

rose 0.5%.

Elsewhere in the Asia-Pacific region, Hong Kong’s Hang Seng Index

HSI

declined 0.2%, while the NIKKEI 225 Index

NIK

of Japanese companies added 0.4%. China’s Shanghai Composite Index

SHCOMP

dropped 1.5%.

South Korea’s KOSPI Composite Index

180721

rose 2.9%, while the S&P/ASX 200 Benchmark Index

XJO

of Australian stocks rose 1.5%.

On the currency front, the U.S. dollar

USDMYR

fell 0.2% to 4.72 Malaysian ringgit, and the euro

EURMYR

held steady to 5.14 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.



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