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Malaysia stocks lower at close of trade; FTSE Malaysia KLCI down 1.13%

Published 05/25/2015, 05:30 AM
Updated 05/25/2015, 05:30 AM
Malaysia stocks lower at close of trade; FTSE Malaysia KLCI down 1.13%

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

At the close in Kuala Lumpur, the FTSE Malaysia KLCI fell 1.13% to hit a new 3-months low.

The best performers of the session on the FTSE Malaysia KLCI were IOI Corporation Bhd (KL:IOIB), which rose 0.25% or 0.01 points to trade at 4.03 at the close. Meanwhile, MISC Bhd (KL:MISC) added 0.24% or 0.02 points to end at 8.46 and Genting Bhd (KL:GENT) was up 0.23% or 0.02 points to 8.75 in late trade.

The worst performers of the session were Tenaga Nasional Bhd (KL:TENA), which fell 3.36% or 0.46 points to trade at 13.24 at the close. Petronas Dagangan Bhd (KL:PETR) declined 3.32% or 0.66 points to end at 19.20 and Sime Darby Bhd (KL:SIME) was down 2.51% or 0.22 points to 8.53.

Falling stocks outnumbered advancing ones on the Kuala Lumpur Stock Exchange by 443 to 65 and 23 ended unchanged.

Shares in IOI Corporation Bhd (KL:IOIB) rose to 52-week lows; gaining 0.25% or 0.01 to 4.03. Shares in Sime Darby Bhd (KL:SIME) fell to 3-years lows; down 2.51% or 0.22 to 8.53.

Crude oil for July delivery was down 0.52% or 0.31 to $59.41 a barrel. Elsewhere in commodities trading, Brent oil for delivery in July fell 0.24% or 0.16 to hit $65.21 a barrel, while the August Gold contract fell 0.06% or 0.70 to trade at $1204.20 a troy ounce.

SGD/MYR was down 0.12% to 2.6926, while USD/MYR rose 0.31% to 3.6133.

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The US Dollar Index was up 0.21% at 96.45.

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