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Malaysia stocks higher at close of trade; FTSE Malaysia KLCI up 0.22%

Published 06/05/2015, 05:30 AM
Malaysia stocks higher at close of trade; FTSE Malaysia KLCI up 0.22%

Investing.com – Malaysia stocks were higher after the close on Friday, as gains in the Plantation, Financials and Consumer Products sectors led shares higher.

At the close in Kuala Lumpur, the FTSE Malaysia KLCI rose 0.22%.

The best performers of the session on the FTSE Malaysia KLCI were KLCC Property Holdings Bhd (KL:KLCC), which rose 3.69% or 0.26 points to trade at 7.30 at the close. Meanwhile, British American Tobacco (Malaysia) Bhd (KL:BATO) added 3.28% or 2.00 points to end at 63.00 and Axiata Group Bhd (KL:AXIA) was up 1.59% or 0.10 points to 6.39 in late trade.

The worst performers of the session were MISC Bhd (KL:MISC), which fell 2.28% or 0.19 points to trade at 8.14 at the close. Felda Global Ventures Holdings Bhd (KL:FGVH) declined 2.04% or 0.04 points to end at 1.92 and PPB Group Bhd (KL:PEPT) was down 1.84% or 0.28 points to 14.92.

Falling stocks outnumbered advancing ones on the Kuala Lumpur Stock Exchange by 289 to 269 and 50 ended unchanged.

Shares in KLCC Property Holdings Bhd (KL:KLCC) rose to 52-week highs; rising 3.69% or 0.26 to 7.30. Shares in Felda Global Ventures Holdings Bhd (KL:FGVH) fell to all time lows; down 2.04% or 0.04 to 1.92.

Crude oil for July delivery was down 0.41% or 0.23 to $57.77 a barrel. Elsewhere in commodities trading, Brent oil for delivery in July fell 0.06% or 0.04 to hit $61.99 a barrel, while the August Gold contract rose 0.01% or 0.10 to trade at $1175.30 a troy ounce.

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SGD/MYR was up 0.16% to 2.7611, while USD/MYR rose 0.19% to 3.7214.

The US Dollar Index was up 0.02% at 95.51.

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