Malaysian Stocks Gain 0.1% in Morning Trading

Dow Jones
Sep 02

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 added 0.1% to 1701.71.

Among local companies with a market cap of at least 4 billion Malaysian ringgit ($989.9 million), Petronas Chemicals Group is the biggest leader this morning, jumping 7.6%, and Fraser & Neave Holdings jumped 2.8%. PPB Group rounds out the top three movers, as shares rose 1.9%.

Greatech Technology is the biggest early laggard, dropping 2.4%, followed by shares of Inari Amertron, which fell 1.9%. Shares of Unisem (M) dropped 1.6%.

The dollar strengthened 0.1% against the ringgit to 4.04 ringgit.

In the bond markets, the 10-year Malaysian government bond yield rose 1.5 basis points to 3.930%.

Data source: Dow Jones Market Data, FactSet

 

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