Investing.com – Malaysia stocks were lower after the close on Wednesday, as losses in the Mining, Technology and Construction sectors led shares lower.
At the close in Kuala Lumpur, the FTSE Malaysia KLCI declined 1.64% to hit a new 52-week low.
The best performers of the session on the FTSE Malaysia KLCI were KLCC Property Holdings Bhd (KL:KLCC), which fell 0.71% or 0.05 points to trade at 6.99 at the close. Meanwhile, Bumiputra - Commerce Holdings Bhd (KL:CIMB) fell 2.18% or 0.11 points to end at 4.94 and Petronas Dagangan Bhd (KL:PETR) was down 1.26% or 0.26 points to 20.32 in late trade.
The worst performers of the session were Axiata Group Bhd (KL:AXIA), which fell 0.17% or 0.01 points to trade at 5.97 at the close. DiGi.Com Bhd (KL:DSOM) declined 0.59% or 0.03 points to end at 5.05 and IOI Corporation Bhd (KL:IOIB) was down 0.49% or 0.02 points to 4.03.
Falling stocks outnumbered advancing ones on the Kuala Lumpur Stock Exchange by 590 to 43 and 14 ended unchanged.
Shares in Bumiputra - Commerce Holdings Bhd (KL:CIMB) fell to 3-years lows; falling 2.18% or 0.11 to 4.94. Shares in DiGi.Com Bhd (KL:DSOM) fell to 52-week lows; falling 0.59% or 0.03 to 5.05.
Crude oil for September delivery was up 0.65% or 0.28 to $43.36 a barrel. Elsewhere in commodities trading, Brent oil for delivery in October rose 0.58% or 0.29 to hit $50.00 a barrel, while the December Gold contract rose 0.82% or 9.10 to trade at $1116.80 a troy ounce.
SGD/MYR was up 0.97% to 2.8639, while USD/MYR rose 1.59% to 4.0375.
The US Dollar Index was down 0.60% at 96.65.