Investing.com – Malaysia stocks were higher after the close on Wednesday, as gains in the Construction, Mining and Consumer Products sectors led shares higher.
At the close in Kuala Lumpur, the FTSE Malaysia KLCI rose 0.38%.
The best performers of the session on the FTSE Malaysia KLCI were PPB Group Bhd (KL:PEPT), which rose 3.00% or 0.44 points to trade at 15.10 at the close. Meanwhile, Telekom Malaysia Bhd (KL:TLMM) added 2.73% or 0.18 points to end at 6.78 and Felda Global Ventures Holdings Bhd (KL:FGVH) was up 2.13% or 0.04 points to 1.92 in late trade.
The worst performers of the session were Sime Darby Bhd (KL:SIME), which fell 0.81% or 0.07 points to trade at 8.53 at the close. Malayan Banking Bhd (KL:MBBM) declined 0.65% or 0.06 points to end at 9.16 and Genting Malaysia Bhd (KL:GENM) was down 0.47% or 0.02 points to 4.20.
Falling stocks outnumbered advancing ones on the Kuala Lumpur Stock Exchange by 298 to 259 and 48 ended unchanged.
Crude oil for July delivery was up 2.05% or 1.24 to $61.38 a barrel. Elsewhere in commodities trading, Brent oil for delivery in July rose 1.72% or 1.11 to hit $66.00 a barrel, while the August Gold contract rose 0.45% or 5.30 to trade at $1182.90 a troy ounce.
SGD/MYR was up 0.33% to 2.7790, while USD/MYR fell 0.27% to 3.7335.
The US Dollar Index was down 0.40% at 94.78.