Malaysia’s KLCI index climbs for third session


Published: Jan. 23, 2024 at 4:31 a.m. ET

Malaysian stocks added for the third consecutive session Tuesday, with the benchmark FTSE Bursa Malaysia KLCI FTSE Bursa Malaysia KLCI rising 0.3% to 1,496.11.

Mr. D.I.Y. Group (M) Mr. D.I.Y. Group (M) Bhd, a retail/wholesale company, was the biggest leader during the session, adding 2.1%, and transportation/logistics firm Westports Holdings Westports Holdings Bhd added 1.3%. YTL YTL Corp. Bhd, which operates in the space, rounded out the top three leaders on Tuesday, with shares adding 1.3%.

Sunway…

Malaysian stocks added for the third consecutive session Tuesday, with the benchmark FTSE Bursa Malaysia KLCI

FBMKLCI

rising 0.3% to 1,496.11.

Mr. D.I.Y. Group (M)

5296

,
a retail/wholesale company, was the biggest leader during the session, adding 2.1%, and transportation/logistics firm Westports Holdings

5246

added 1.3%. YTL

4677

,
which operates in the space, rounded out the top three leaders on Tuesday, with shares adding 1.3%.

Sunway Bhd

5211

,
a real estate/construction firm, posted the largest decline, dropping 1.6%, followed by shares of telecommunication services company Axiata Group

6888

,
which dropped 1.5%. Shares of real estate/construction company IOI Properties Group

5249

fell 1.4%.

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

STI

declined 0.4%, and the Thailand SET Index

SET

dropped 1.2%. The Philippines’ PSEi Index

PSEI

gained 0.6%, and Indonesia’s JSX Composite Index

JAKIDX

increased 0.1%.

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

HSI

gained 2.6%, while Japan’s NIKKEI 225 Index

NIK

fell 0.1%. China’s Shanghai Composite Index

SHCOMP

gained 0.5%.

South Korea’s KOSPI Composite Index

180721

gained 0.6%, while the S&P/ASX 200 Benchmark Index

XJO

of Australian stocks gained 0.5%.

On the currency front, the U.S. dollar

USDMYR

held steady to 4.73 Malaysian ringgit, and the euro

EURMYR

climbed 0.1% to 5.15 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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