Malaysian Shares Rebound; YTL Leads Gainers
After a one-day losing streak, Malaysian shares saw a positive turn on Monday. The benchmark FTSE Bursa Malaysia KLCI FBMKLCI increased by 0.1% to reach 1,539.27.
Top Gainers
- YTL (4677): Leading the session with a 2.7% increase
- IOI Properties Group (5249): Real estate/construction firm up by 1.8%
- Sunway Bhd (5211): Real estate/construction player closing 1.8% higher
Top Losers
- KLCC Property Holdings (5235SS): Real estate firm experiencing a 2.0% decline
- Nestle (Malaysia) (4707): Company shares down by 1.9%
- Sime Darby (4197): Business/consumer services company seeing a 1.9% drop
Southeast Asia Market Movement
- Singapore's FTSE Straits Times Index STI down by 0.5%
- Thailand SET Index slipping by 0.2%
- Philippines' PSEi Index showing a 0.5% increase
- Indonesia's JSX Composite Index declining by 0.5%
Asian Market Overview
- Hong Kong stocks remain flat with the Hang Seng Index holding steady
- Japan's NIKKEI 225 Index up by 0.5%
- China's Shanghai Composite Index on the rise by 0.4%
- South Korea's KOSPI Composite Index surging by 1.2%
- Australia's S&P/ASX 200 Benchmark Index dropping slightly by 0.1%
Currency Update
On the currency front:
- U.S. dollar falls by 0.3% against the Malaysian ringgit
- Euro also down by 0.3% compared to the ringgit
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