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Malaysia stocks lower at close of trade; FTSE Malaysia KLCI down 0.42%

Published 05/22/2015, 05:30 AM
Updated 05/22/2015, 05:30 AM
© Reuters.  Malaysia stocks lower at close of trade; FTSE Malaysia KLCI down 0.42%

Investing.com – Malaysia stocks were lower after the close on Friday, as losses in the Construction, Mining and Trade & Services sectors led shares lower.

At the close in Kuala Lumpur, the FTSE Malaysia KLCI declined 0.42% to hit a new 1-month low.

The best performers of the session on the FTSE Malaysia KLCI were Sapurakencana Petroleum Bhd (KL:SKPE), which rose 2.73% or 0.07 points to trade at 2.63 at the close. Meanwhile, Petronas Gas Bhd (KL:PGAS) added 1.00% or 0.22 points to end at 22.20 and Hong Leong Financial Group Bhd (KL:HLCB) was up 0.98% or 0.16 points to 16.50 in late trade.

The worst performers of the session were Tenaga Nasional Bhd (KL:TENA), which fell 2.14% or 0.30 points to trade at 13.70 at the close. Sime Darby Bhd (KL:SIME) declined 2.13% or 0.19 points to end at 8.75 and Bumiputra - Commerce Holdings Bhd (KL:CIMB) was down 1.88% or 0.11 points to 5.75.

Falling stocks outnumbered advancing ones on the Kuala Lumpur Stock Exchange by 312 to 168 and 40 ended unchanged.

Shares in Sime Darby Bhd (KL:SIME) fell to 3-years lows; losing 2.13% or 0.19 to 8.75.

Crude oil for July delivery was down 0.54% or 0.33 to $60.40 a barrel. Elsewhere in commodities trading, Brent oil for delivery in July fell 0.65% or 0.43 to hit $66.11 a barrel, while the June Gold contract rose 0.65% or 7.80 to trade at $1211.90 a troy ounce.

SGD/MYR was up 0.09% to 2.6950, while USD/MYR fell 0.44% to 3.5826.

The US Dollar Index was down 0.39% at 95.09.

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