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Malaysia shares lower at close of trade; FTSE Malaysia KLCI down 0.70%

Published 15/06/2015, 10:30
Updated 15/06/2015, 10:30
Malaysia shares lower at close of trade; FTSE Malaysia KLCI down 0.70%

Investing.com – Malaysia equities were lower at the close on Monday, as losses in the Technology, Property and Plantation sectors propelled shares lower.

At the close in Kuala Lumpur, the FTSE Malaysia KLCI fell 0.70% to hit a new 3-month low.

The biggest gainers of the session on the FTSE Malaysia KLCI were Genting Malaysia Bhd (KL:GENM), which rose 0.47% or 0.02 points to trade at 4.26 at the close. Malayan Banking Bhd (KL:MBBM) added 0.33% or 0.03 points to end at 9.17 and Petronas Gas Bhd (KL:PGAS) was up 0.28% or 0.06 points to 21.66 in late trade.

Biggest losers included Felda Global Ventures Holdings Bhd (KL:FGVH), which lost 11.29% or 0.21 points to trade at 1.65 in late trade. Sapurakencana Petroleum Bhd (KL:SKPE) declined 6.56% or 0.17 points to end at 2.42 and DiGi.Com Bhd (KL:DSOM) shed 2.50% or 0.14 points to 5.46.

Declining stocks outnumbered rising ones by 508 to 92 and 36 ended unchanged on the Kuala Lumpur Stock Exchange.

In commodities trading, Crude oil for August delivery was down 0.78% or 0.47 to $59.93 a barrel. Meanwhile, Brent oil for delivery in August fell 0.78% or 0.51 to hit $64.14 a barrel, while the August Gold contract fell 0.14% or 1.60 to trade at $1177.60 a troy ounce.

SGD/MYR was up 0.01% to 2.7894, while USD/MYR rose 0.32% to 3.7600.

The US Dollar Index was up 0.27% at 95.49.

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