Investing.com – Malaysia stocks were lower after the close on Wednesday, as losses in the Financials, Trade & Services and Consumer Products sectors led shares lower.
At the close in Kuala Lumpur, the FTSE Malaysia KLCI declined 1.18%.
The best performers of the session on the FTSE Malaysia KLCI were KLCC Property Holdings Bhd (KL:KLCC), which rose 1.43% or 0.10 points to trade at 7.10 at the close. Meanwhile, Bumiputra - Commerce Holdings Bhd (KL:CIMB) fell 1.45% or 0.07 points to end at 4.77 and Petronas Dagangan Bhd (KL:PETR) was down 0.38% or 0.08 points to 20.92 in late trade.
The worst performers of the session were Axiata Group Bhd (KL:AXIA), which fell 3.27% or 0.20 points to trade at 5.91 at the close. DiGi.Com Bhd (KL:DSOM) added 0.20% or 0.01 points to end at 5.09 and IOI Corporation Bhd (KL:IOIB) was down 1.27% or 0.05 points to 3.89.
Falling stocks outnumbered advancing ones on the Kuala Lumpur Stock Exchange by 266 to 261 and 40 ended unchanged.
Shares in IOI Corporation Bhd (KL:IOIB) fell to 52-week lows; losing 1.27% or 0.05 to 3.89.
Crude oil for October delivery was down 1.98% or 0.90 to $44.51 a barrel. Elsewhere in commodities trading, Brent oil for delivery in October fell 1.21% or 0.60 to hit $48.96 a barrel, while the December Gold contract rose 0.04% or 0.50 to trade at $1140.30 a troy ounce.
SGD/MYR was up 0.03% to 2.9762, while USD/MYR rose 0.20% to 4.2115.
The US Dollar Index was up 0.22% at 95.60.