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Malaysia stocks lower at close of trade; FTSE Malaysia KLCI down 0.96%

Published 07/08/2015, 05:30 AM
Updated 07/08/2015, 05:30 AM
Malaysia stocks lower at close of trade; FTSE Malaysia KLCI down 0.96%

Investing.com – Malaysia stocks were lower after the close on Wednesday, as losses in the Technology, Property and Mining sectors led shares lower.

At the close in Kuala Lumpur, the FTSE Malaysia KLCI fell 0.96%.

The best performers of the session on the FTSE Malaysia KLCI were IHH Healthcare Bhd (KL:IHHH), which rose 2.09% or 0.12 points to trade at 5.87 at the close. Meanwhile, Maxis Bhd (KL:MXSC) added 0.16% or 0.01 points to end at 6.33 and PPB Group Bhd (KL:PEPT) was up 0.13% or 0.02 points to 15.12 in late trade.

The worst performers of the session were AMMB Holdings Bhd (KL:AMMB), which fell 6.14% or 0.35 points to trade at 5.35 at the close. Felda Global Ventures Holdings Bhd (KL:FGVH) declined 4.32% or 0.07 points to end at 1.55 and IOI Corporation Bhd (KL:IOIB) was down 3.30% or 0.14 points to 4.10.

Falling stocks outnumbered advancing ones on the Kuala Lumpur Stock Exchange by 533 to 67 and 20 ended unchanged.

Shares in AMMB Holdings Bhd (KL:AMMB) fell to 3-years lows; falling 6.14% or 0.35 to 5.35. Shares in Felda Global Ventures Holdings Bhd (KL:FGVH) fell to all time lows; losing 4.32% or 0.07 to 1.55.

Crude oil for August delivery was up 0.16% or 0.09 to $52.41 a barrel. Elsewhere in commodities trading, Brent oil for delivery in August rose 0.21% or 0.12 to hit $56.97 a barrel, while the August Gold contract fell 0.05% or 0.60 to trade at $1152.00 a troy ounce.

SGD/MYR was down 0.64% to 2.8064, while USD/MYR fell 0.54% to 3.8035.

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The US Dollar Index was down 0.25% at 96.64.

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