Malaysian shares extended their winning streak on Friday, marking the fifth consecutive session of gains. The benchmark FTSE Bursa Malaysia KLCI (FBMKLCI) rose by 0.1% to reach 1,506.28.
Leaders in the Market
During the session, YTL (4677) emerged as the top gainer, with a substantial rise of 3.4%. YTL Power International (6742) also performed well, experiencing a 1.5% increase. Genting (3182), a company operating in leisure, arts, and hospitality, secured the third spot among the leaders, with shares gaining 1.5%.
Declines in Certain Sectors
Mr. D.I.Y. Group (M) (5296), a retail/wholesale firm, demonstrated the largest decline, falling by 2.1%. This was followed by Press Metal Aluminium (8869), a basic materials/resources company, which saw a decrease of 1.9%. PPB Group (4065) also experienced a decline of 1.6%.
Regional Market Performance
In other parts of Southeast Asia, Singapore's FTSE Straits Times Index (STI) witnessed a 0.4% increase, while the Thailand SET Index dropped by 0.7%. The Philippines' PSEi Index rose by 0.2%, whereas Indonesia's JSX Composite Index declined by 0.6%.
In the broader Asia-Pacific region, Hong Kong's Hang Seng Index fell by 1.6%, and Japan's NIKKEI 225 Index dropped by 1.3%. On the other hand, the Shanghai Composite Index of Chinese companies experienced a slight increase of 0.1%.
Currency Movement
The U.S. dollar fell by 0.1% against the Malaysian ringgit to reach 4.73, while the euro declined by 0.2% to 5.12 ringgit.
