Malaysia shares higher at close of trade; FTSE Malaysia KLCI up 0.03%

Malaysia shares higher at close of trade; FTSE Malaysia KLCI up 0.03%  | May 28, 2015 10:30

Malaysia shares higher at close of trade; FTSE Malaysia KLCI up 0.03% – Malaysia equities were higher at the close on Thursday, as gains in the Plantation, Technology and Industrial Products sectors propelled shares higher.

At the close in Kuala Lumpur, the FTSE Malaysia KLCI gained 0.03%.

The biggest gainers of the session on the FTSE Malaysia KLCI were IOI Corporation Bhd (KL:IOIB), which rose 1.50% or 0.06 points to trade at 4.05 at the close. Public Bank Bhd (KL:PUBM) added 0.96% or 0.18 points to end at 18.96 and IHH Healthcare Bhd (KL:IHHH) was up 0.87% or 0.05 points to 5.80 in late trade.

Biggest losers included Hong Leong Financial Group Bhd (KL:HLCB), which lost 3.00% or 0.48 points to trade at 15.52 in late trade. British American Tobacco (Malaysia) Bhd (KL:BATO) declined 1.59% or 1.02 points to end at 62.98 and Genting Bhd (KL:GENT) shed 1.16% or 0.10 points to 8.50.

Declining stocks outnumbered rising ones by 302 to 250 and 49 ended unchanged on the Kuala Lumpur Stock Exchange.

In commodities trading, Crude oil for July delivery was up 0.51% or 0.29 to $57.80 a barrel. Meanwhile, Brent oil for delivery in July rose 0.57% or 0.35 to hit $62.41 a barrel, while the August Gold contract rose 0.35% or 4.10 to trade at $1190.60 a troy ounce.

SGD/MYR was up 0.16% to 2.7024, while USD/MYR rose 0.00% to 3.6446.

The US Dollar Index was down 0.18% at 97.16.

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