Updated
Updated · MarketWatch · May 11Malaysia's KLCI index falls for second straight session
4 articles · Updated · MarketWatch · May 11
- The benchmark slipped 0.2% to 1,745.31 on Monday, led lower by Petronas Dagangan, Sime Darby and Axiata Group.
- Top gainers were KPJ Healthcare, YTL Corp and Sime Darby Property, which rose 3.9%, 2.7% and 2.0% respectively.
- Elsewhere, Singapore and the Philippines gained, Thailand and Indonesia fell, South Korea jumped 4.3%, while the dollar held steady at 3.92 ringgit.
Why are high oil prices hurting Malaysian energy stocks instead of helping them? Is Malaysia's pivot to healthcare and green energy a viable strategy amid global chaos? Can Malaysia's healthcare boom survive soaring costs and a critical workforce shortage?