Investing.com – Malaysia equities were higher at the close on Monday, as gains in the Trade & Services, Industrial Products and Consumer Products sectors propelled shares higher.
At the close in Kuala Lumpur, the FTSE Malaysia KLCI gained 1.22% to hit a new 1-month high.
The biggest gainers 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. 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.
Biggest losers included Astro Malaysia Holdings Bhd (KL:ASTR), which lost 2.28% or 0.07 points to trade at 3.00 in late trade. 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) shed 1.12% or 0.06 points to 5.32.
Declining stocks outnumbered rising ones by 333 to 241 and 31 ended unchanged on the Kuala Lumpur Stock Exchange.
In commodities trading, Crude oil for September delivery was down 1.56% or 0.73 to $46.38 a barrel. Meanwhile, Brent oil for delivery in September fell 2.24% or 1.17 to hit $51.04 a barrel, while the December Gold contract fell 0.24% or 2.60 to trade at $1092.50 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 97.43.