- Wednesday, October 16, 2024
The Malaysian stock market remained steady on Tuesday, with the benchmark FTSE Bursa Malaysia KLCI (FBMKLCI) closing at 1,465.67.
Top Leaders and Losers
YTL (4677), a prominent company, emerged as the biggest leader during the session, gaining 3.8%. YTL Power International (6742) also performed well, adding 3.7% to its share value. Mr. D.I.Y. Group (M) (5296), a retail/wholesale conglomerate, secured its place among the top three leaders with a 2.8% increase in shares.
Hap Seng Consolidated (3034), a business/consumer services firm, experienced the largest decline, falling 1.5%. Petronas Chemicals Group (5183), a basic materials/resources company, also witnessed a setback with a 1.4% drop in shares. Sime Darby Plantation (5285), an agriculture company, saw a decrease of 1.1%.
Southeast Asian Markets
In other parts of Southeast Asia, Singapore's FTSE Straits Times Index (STI) rose by 0.2%, while the Thailand SET Index remained flat. The Philippines' PSEi Index saw a gain of 0.7%, and Indonesia's JSX Composite Index rose by 1.0%.
Asia-Pacific Region
Moving to the wider Asia-Pacific region, the Hang Seng Index of Hong Kong companies declined by 0.7%, whereas Japan's NIKKEI 225 Index gained 1.4%. China's Shanghai Composite Index increased by 0.1%.
South Korea's KOSPI Composite Index added 0.1%, and Australia's S&P/ASX 200 Benchmark Index rose by 0.8%.
Currency Update
On the currency front, the U.S. dollar fell 0.3% against the Malaysian ringgit, reaching 4.68 ringgit. The euro also experienced a slight decrease of 0.1%, settling at 5.12 ringgit.
All Rights Reserved © 2024
Post a comment