Malaysian Stocks
After a three-day winning streak, Malaysian stocks experienced a slight reversal on Wednesday. The benchmark FTSE Bursa Malaysia KLCI FBMKLCI declined by 0.2% to 1,552.40.
Top Gainers
- Public Bank (1295, +0.67%): A financial services company, leading with a 0.7% increase.
- Inari Amertron (0166, +0.62%): A technology firm adding 0.6%.
- Westports Holdings (5246, +0.53%): Operating in transportation/logistics space, with shares gaining 0.5%.
Top Losers
- Axiata Group (6888, -3.46%): A telecommunication services firm, declining by 3.5%.
- Maxis (6012, -1.81%): Telecommunication services company with a 1.8% drop.
- CELCOMDIGI (6947, -1.37%): Telecommunication services company showing a 1.4% decline.
Southeast Asia Market Overview
Singapore
The FTSE Straits Times Index (STI) saw a decline of 0.9%.
Thailand
Thailand’s SET Index increased by 0.7%.
Philippines
The PSEi Index showed a positive trend with a 0.6% increase.
Indonesia
Indonesia’s JSX Composite Index remained flat.
Asia-Pacific Region
Hong Kong
Hong Kong’s Hang Seng Index rose by 1.6%.
Japan
The NIKKEI 225 Index of Japanese companies declined by 0.3%.
China
The Shanghai Composite Index of Chinese companies saw a 1.0% increase.
South Korea
South Korea’s KOSPI Composite Index dropped by 0.2%.
Australia
Australia’s S&P/ASX 200 Benchmark Index declined by 0.7%.
Currency Front
On the currency front:
- The U.S. dollar held steady to 4.80 Malaysian ringgit.
- The euro fell by 0.2% to 5.18 ringgit.