Investing.com – Malaysia stocks were higher after the close on Monday, as gains in the Trade & Services, Industrial Products and Consumer Products sectors led shares higher.
At the close in Kuala Lumpur, the FTSE Malaysia KLCI rose 1.22% to hit a new 1-month high.
The best performers of the session on the FTSE Malaysia KLCI were Maxis Bhd (KL:MXSC), which rose 7.95% or 0.53 points to trade at 7.20 at the close. Meanwhile, Axiata Group Bhd (KL:AXIA) added 7.54% or 0.48 points to end at 6.85 and UMW Holdings Bhd (KL:UMWS) was up 7.20% or 0.72 points to 10.72 in late trade.
The worst performers of the session were Astro Malaysia Holdings Bhd (KL:ASTR), which fell 2.28% or 0.07 points to trade at 3.00 at the close. Felda Global Ventures Holdings Bhd (KL:FGVH) declined 1.19% or 0.02 points to end at 1.68 and Bumiputra - Commerce Holdings Bhd (KL:CIMB) was down 1.12% or 0.06 points to 5.32.
Falling stocks outnumbered advancing ones on the Kuala Lumpur Stock Exchange by 333 to 241 and 31 ended unchanged.
Crude oil for September delivery was down 1.64% or 0.78 to $46.34 a barrel. Elsewhere in commodities trading, Brent oil for delivery in September fell 2.35% or 1.23 to hit $50.98 a barrel, while the December Gold contract fell 0.25% or 2.70 to trade at $1092.40 a troy ounce.
SGD/MYR was up 0.09% to 2.7938, while USD/MYR rose 0.43% to 3.8470.
The US Dollar Index was up 0.11% at 97.42.