Investing.com – Malaysia equities were lower at the close on Wednesday, as losses in the Mining, Technology and Construction sectors propelled shares lower.
At the close in Kuala Lumpur, the FTSE Malaysia KLCI lost 1.64% to hit a new 52-week low.
The biggest gainers of the session on the FTSE Malaysia KLCI were KLCC Property Holdings Bhd (KL:KLCC), which fell 0.71% or 0.05 points to trade at 6.99 at the close. Bumiputra - Commerce Holdings Bhd (KL:CIMB) fell 2.18% or 0.11 points to end at 4.94 and Petronas Dagangan Bhd (KL:PETR) was down 1.26% or 0.26 points to 20.32 in late trade.
Biggest losers included Axiata Group Bhd (KL:AXIA), which lost 0.17% or 0.01 points to trade at 5.97 in late trade. DiGi.Com Bhd (KL:DSOM) declined 0.59% or 0.03 points to end at 5.05 and IOI Corporation Bhd (KL:IOIB) shed 0.49% or 0.02 points to 4.03.
Declining stocks outnumbered rising ones by 590 to 43 and 14 ended unchanged on the Kuala Lumpur Stock Exchange.
In commodities trading, Crude oil for September delivery was up 0.65% or 0.28 to $43.36 a barrel. Meanwhile, Brent oil for delivery in October rose 0.57% or 0.28 to hit $49.99 a barrel, while the December Gold contract rose 0.83% or 9.20 to trade at $1116.90 a troy ounce.
SGD/MYR was up 0.97% to 2.8639, while USD/MYR rose 1.59% to 4.0375.
The US Dollar Index was down 0.61% at 96.64.