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Malaysian Shares Continue to Rise


Malaysian shares continued their upward trend for the second consecutive session on Friday. The benchmark FTSE Bursa Malaysia KLCI (FBMKLCI) gained 0.5% to reach 1,413.52.

Top Performers

  • YTL (4677), a utilities company, emerged as the biggest leader during the session, with a gain of 3.6%.
  • Sime Darby (4197), a business/consumer services firm, added 3.4%.
  • Sime Darby Plantation (5285), operating in the agriculture space, secured the third spot with a 3.0% increase in shares.

Declining Stocks

  • Mr. D.I.Y. Group (M) (5296), a retail/wholesale firm, experienced the largest decline, falling by 2.1%.
  • Westports Holdings (5246), a transportation/logistics company, saw a decline of 1.4%.
  • Petronas Dagangan (5681), an energy company, witnessed a 1.3% drop in shares.

Regional Market Updates

  • Singapore’s FTSE Straits Times Index (STI) declined by 0.1%.
  • Thailand SET Index rose by 0.6%.
  • The Philippines’ PSEi Index increased by 0.5%.
  • Indonesia’s JSX Composite Index gained 0.2%.
  • Hong Kong’s Hang Seng Index rose by 0.8%.
  • Japan’s NIKKEI 225 Index declined by 0.6%.
  • The Shanghai Composite Index of Chinese companies fell by 0.1%.
  • South Korea’s KOSPI Composite Index added 0.4%.
  • Australia’s S&P/ASX 200 Benchmark Index fell by 0.2%.

Currency Updates

On the currency front, the U.S. dollar climbed 0.4% to 4.56 Malaysian ringgit, while the euro climbed 0.4% to 5.08 ringgit.

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