Malaysian shares bounced back on Tuesday after a one-day decline, with the benchmark FTSE Bursa Malaysia KLCI (MY:FBMKLCI) rising by 0.7% to 1,558.80.
Top Performers
- YTL (MY:4677) emerged as the biggest leader of the session, surging by 8.4%.
- Axiata Group (MY:6888), a telecommunication services firm, also saw a significant increase of 4.0%.
- Genting Malaysia (MY:4715), operating in the leisure/arts/hospitality sector, secured the third spot with a gain of 2.8%.
Top Losers
- Petronas Chemicals Group (MY:5183), a basic materials/resources company, experienced the largest decline, dropping by 0.7%.
- Inari Amertron (MY:0166), a technology firm, followed closely with a decrease of 0.6%.
- Westports Holdings (MY:5246), a transportation/logistics company, witnessed a slight dip of 0.3%.
Regional Market Update
- Singapore: FTSE Straits Times Index (SG:STI) fell by 0.5%.
- Thailand: SET Index (TH:SET) declined by 0.3%.
- Philippines: PSEi Index (PH:PSEI) dropped by 0.4%.
- Indonesia: JSX Composite Index (ID:JAKIDX) remained flat.
Asia-Pacific Overview
- Hong Kong: Hang Seng Index (HK:HSI) showed growth of 0.9%.
- Japan: NIKKEI 225 Index (JP:NIK) maintained stability.
- China: Shanghai Composite Index (CN:SHCOMP) increased by 1.3%.
- South Korea: KOSPI Composite Index (KR:180721) saw a decrease of 0.8%.
- Australia: S&P/ASX 200 Benchmark Index (AU:XJO) edged up by 0.1%.
Currency Movement
- The U.S. dollar (USDMYR) fell by 0.4% against the Malaysian ringgit, reaching 4.76.
- The euro (EURMYR) also decreased by 0.3% to 5.17 ringgit.