Malaysia shares higher at close of trade; FTSE Malaysia KLCI up 2.08%

Malaysia shares higher at close of trade; FTSE Malaysia KLCI up 2.08%

Investing.com  | Aug 25, 2015 10:30

Malaysia shares higher at close of trade; FTSE Malaysia KLCI up 2.08%

Investing.com – Malaysia equities were higher at the close on Tuesday, as gains in the Trade & Services, Industrial Products and Construction sectors propelled shares higher.

At the close in Kuala Lumpur, the FTSE Malaysia KLCI added 2.08%.

The biggest gainers of the session on the FTSE Malaysia KLCI were KLCC Property Holdings Bhd (KL:KLCC), which rose 0.14% or 0.01 points to trade at 7.01 at the close. Bumiputra - Commerce Holdings Bhd (KL:CIMB) added 2.16% or 0.10 points to end at 4.72 and Petronas Dagangan Bhd (KL:PETR) was up 2.55% or 0.52 points to 20.88 in late trade.

Biggest losers included Axiata Group Bhd (KL:AXIA), which added 5.52% or 0.32 points to trade at 6.12 in late trade. DiGi.Com Bhd (KL:DSOM) added 5.05% or 0.25 points to end at 5.20 and IOI Corporation Bhd (KL:IOIB) gained 0.51% or 0.02 points to 3.95.

Declining stocks outnumbered rising ones by 359 to 246 and 29 ended unchanged on the Kuala Lumpur Stock Exchange.

In commodities trading, Crude oil for October delivery was up 2.76% or 1.05 to $39.30 a barrel. Meanwhile, Brent oil for delivery in October rose 2.65% or 1.13 to hit $43.82 a barrel, while the December Gold contract fell 0.49% or 5.60 to trade at $1148.00 a troy ounce.

SGD/MYR was down 0.42% to 3.0015, while USD/MYR fell 1.28% to 4.1965.

The US Dollar Index was up 0.32% at 93.68.

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