The Malaysian shares experienced a downturn after a brief uptick, with the benchmark FTSE Bursa Malaysia KLCI MY:FBMKLCI falling by 0.1% to 1,536.98.
Top Performers and Decliners
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Decliners:
- IOI MY:1961 (agriculture firm) faced the largest decline, dropping by 2.7%.
- Press Metal Aluminium MY:8869 (basic materials/resources company) followed suit with a 2.6% decline.
- Sime Darby Plantation MY:5285 (agriculture company) also saw a downturn of 2.3%.
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- Genting MY:3182 (leisure/arts/hospitality company) surged ahead with a 4.3% increase.
- Inari Amertron MY:0166 (technology firm) also displayed positive growth, rising by 2.0%.
- CIMB Group Holdings MY:1023 (financial services company) completed the top three leaders, experiencing a rise of 1.2%.
Market Movements in Southeast Asia
- Singapore (SG:STI): FTSE Straits Times Index dropped by 0.5%.
- Thailand (TH:SET): SET Index experienced a decline of 0.3%.
- Philippines (PH:PSEI): PSEi Index declined by 0.7%.
- Indonesia (ID:JAKIDX): JSX Composite Index saw a decrease of 0.4%.
Regional Overview
- Hong Kong (HK:HSI): Hang Seng Index declined by 2.6%.
- Japan (JP:NIK): NIKKEI 225 Index remained flat.
- China (CN:SHCOMP): Shanghai Composite Index of Chinese companies increased by 0.3%.
Other Markets
- South Korea (KR:180721): KOSPI Composite Index dropped by 0.9%.
- Australia (AU:XJO): S&P/ASX 200 Benchmark Index saw a minor decline of 0.1%.
Currency Updates
- The U.S. dollar (USDMYR) climbed by 0.2% to 4.73 Malaysian ringgit.
- The euro (EURMYR) also rose by 0.2% to 5.14 ringgit.