Malaysia's KLCI index falls 0.5 percent, ending winning streak
Updated
Updated · MarketWatch · Apr 29
Malaysia's KLCI index falls 0.5 percent, ending winning streak
12 articles · Updated · MarketWatch · Apr 29
The benchmark closed at 1,720.42, with Malayan Banking dropping 1.6% and Genting and Genting Malaysia both down 1.5%.
IOI Properties Group led gainers with a 4% rise, while CELCOMDIGI and Dialog Group also posted gains. Regional markets were mixed, with Singapore's index down 0.5% and Thailand's up 0.5%.
The Malaysian ringgit held steady against the US dollar at 3.95, while the euro weakened slightly. Japan's market was closed, and Hong Kong's Hang Seng Index rose 1.7%.
What do falling bank and hospitality stocks signal for Malaysia's broader economy?
Is the Malaysian Ringgit's stability an illusion amid foreign capital flight?
How will Malaysia's first dollar-bond sale in five years impact its currency?
How will IOI's massive new REIT plan reshape Malaysia's property market?
How can Southeast Asia compete as investors pivot to North Asia's tech boom?
Is the central bank's 'wait and see' interest rate policy a risk amid global turmoil?