Malaysia shares lower at close of trade; FTSE Malaysia KLCI down 1.53%

Malaysia shares lower at close of trade; FTSE Malaysia KLCI down 1.53%

Investing.com  | Aug 14, 2015 10:30

Malaysia shares lower at close of trade; FTSE Malaysia KLCI down 1.53%

Investing.com – Malaysia equities were lower at the close on Friday, as losses in the Technology, Construction and Financials sectors propelled shares lower.

At the close in Kuala Lumpur, the FTSE Malaysia KLCI declined 1.53% to hit a new 3-year low.

The biggest gainers of the session on the FTSE Malaysia KLCI were KLCC Property Holdings Bhd (KL:KLCC), which fell 1.43% or 0.10 points to trade at 6.90 at the close. Bumiputra - Commerce Holdings Bhd (KL:CIMB) fell 2.17% or 0.11 points to end at 4.97 and Petronas Dagangan Bhd (KL:PETR) was down 1.38% or 0.28 points to 20.02 in late trade.

Biggest losers included Axiata Group Bhd (KL:AXIA), which lost 1.69% or 0.10 points to trade at 5.81 in late trade. DiGi.Com Bhd (KL:DSOM) declined 0.20% or 0.01 points to end at 5.05 and IOI Corporation Bhd (KL:IOIB) shed 0.25% or 0.01 points to 4.01.

Declining stocks outnumbered rising ones by 487 to 102 and 23 ended unchanged on the Kuala Lumpur Stock Exchange.

In commodities trading, Crude oil for September delivery was down 0.71% or 0.30 to $41.93 a barrel. Meanwhile, Brent oil for delivery in October fell 0.55% or 0.28 to hit $49.35 a barrel, while the December Gold contract rose 0.07% or 0.80 to trade at $1116.40 a troy ounce.

SGD/MYR was up 0.97% to 2.9113, while USD/MYR rose 1.48% to 4.0870.

The US Dollar Index was up 0.07% at 96.43.

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