The benchmark FTSE Bursa Malaysia KLCI (FBMKLCI) dipped by 0.2% to 1,512.75, putting an end to a six-day winning streak.
Declines in Key Sectors
Energy firm Dialog Group (7277) experienced the largest decline, dropping 2.6%. Following closely behind was business/consumer services company Sime Darby (4197), with a 2.0% decrease. Basic materials/resources company Press Metal Aluminium (8869) also witnessed a decline of 1.7%.
Leaders of the Session
YTL Power International (6742) claimed the top spot during the session, rising by an impressive 6.3%. Real estate/construction firm Gamuda (5398) followed with a 2.2% increase. Petronas Chemicals Group (5183), operating in the basic materials/resources sector, rounded out the top three leaders with shares adding 1.5%.
Southeast Asia Market Highlights
- Singapore’s FTSE Straits Times Index (STI) gained 0.2%.
- Thailand SET Index (SET) remained steady.
- The Philippines’ PSEi Index (PSEI) fell by 0.1%.
- Indonesia’s JSX Composite Index (JAKIDX) increased by 0.5%.
Asia-Pacific Region Snapshot
- The Hang Seng Index (HSI) of Hong Kong companies fell by 2.3%.
- Japan’s NIKKEI 225 Index (NIK) saw a marginal increase of 0.1%.
- The Shanghai Composite Index (SHCOMP) of Chinese companies experienced a drop of 1.8%.
Other Regional Updates
- The KOSPI Composite Index (180721) in South Korea declined by 0.1%.
- Australia’s S&P/ASX 200 Benchmark Index (XJO) rose by 0.3%.
Currency Movement
The U.S. dollar (USDMYR) fell by 0.1% against the Malaysian ringgit, settling at 4.73. The euro (EURMYR) also decreased by 0.2% to 5.12 ringgit.