Malaysia’s KLCI index rises for third session


Published: Jan. 5, 2024 at 4:31 a.m. ET

Malaysian shares gained for the third consecutive session Friday, with the benchmark FTSE Bursa Malaysia KLCI FTSE Bursa Malaysia KLCI adding 0.7% to 1,487.61.

YTL YTL Corp. Bhd, a company, was the biggest leader during the session, increasing 8.3%, and firm YTL Power International YTL Power International Bhd increased 7.3%. Inari Amertron Inari Amertron Bhd, which operates in the technology space, rounded out the top three leaders on Friday, with shares gaining 4.4%.

Petronas…

Malaysian shares gained for the third consecutive session Friday, with the benchmark FTSE Bursa Malaysia KLCI

FBMKLCI

adding 0.7% to 1,487.61.

YTL

4677

,
a company, was the biggest leader during the session, increasing 8.3%, and firm YTL Power International

6742

increased 7.3%. Inari Amertron

0166

,
which operates in the technology space, rounded out the top three leaders on Friday, with shares gaining 4.4%.

Petronas Chemicals Group

5183

,
a basic materials/resources firm, posted the largest decline, dropping 1.4%, followed by shares of company PPB Group

4065

,
which declined 1.0%. Shares of agriculture company Sime Darby Plantation

5285

dropped 0.9%.

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

STI

added 0.2%, while the Thailand SET Index

SET

fell 0.5%. The Philippines’ PSEi Index

PSEI

gained 0.4%, while Indonesia’s JSX Composite Index

JAKIDX

dropped 0.1%.

Elsewhere in the Asia-Pacific region, the Hang Seng Index

HSI

of Hong Kong companies fell 0.7%, while the NIKKEI 225 Index

NIK

of Japanese companies increased 0.3%. The Shanghai Composite Index

SHCOMP

of Chinese companies declined 0.9%.

South Korea’s KOSPI Composite Index

180721

dropped 0.3%, while the S&P/ASX 200 Benchmark Index

XJO

of Australian stocks declined 0.1%.

On the currency front, the U.S. dollar

USDMYR

climbed 0.4% to 4.65 Malaysian ringgit, and the euro

EURMYR

climbed 0.2% 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.



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