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Malaysia stocks lower at close of trade; FTSE Malaysia KLCI down 1.17%

Published 08/04/2015, 05:30 AM
© Reuters.  Malaysia stocks lower at close of trade; FTSE Malaysia KLCI down 1.17%
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Investing.com – Malaysia stocks were lower after the close on Tuesday, as losses in the Trade & Services, Consumer Products and Technology sectors led shares lower.

At the close in Kuala Lumpur, the FTSE Malaysia KLCI lost 1.17%.

The best performers of the session on the FTSE Malaysia KLCI were MISC Bhd (KL:MISC), which rose 5.40% or 0.42 points to trade at 8.20 at the close. Meanwhile, Genting Bhd (KL:GENT) added 0.84% or 0.07 points to end at 8.39 and Genting Malaysia Bhd (KL:GENM) was up 0.71% or 0.03 points to 4.26 in late trade.

The worst performers of the session were Maxis Bhd (KL:MXSC), which fell 8.47% or 0.61 points to trade at 6.59 at the close. Axiata Group Bhd (KL:AXIA) declined 5.99% or 0.41 points to end at 6.44 and UMW Holdings Bhd (KL:UMWS) was down 5.97% or 0.64 points to 10.08.

Falling stocks outnumbered advancing ones on the Kuala Lumpur Stock Exchange by 382 to 165 and 55 ended unchanged.

Crude oil for September delivery was up 1.45% or 0.66 to $45.83 a barrel. Elsewhere in commodities trading, Brent oil for delivery in September rose 1.20% or 0.59 to hit $50.12 a barrel, while the December Gold contract rose 0.05% or 0.50 to trade at $1089.90 a troy ounce.

SGD/MYR was down 0.14% to 2.7951, while USD/MYR fell 0.23% to 3.8485.

The US Dollar Index was down 0.12% at 97.48.

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