Investing.com – Malaysia equities were higher at the close on Wednesday, as gains in the Construction, Mining and Consumer Products sectors propelled shares higher.
At the close in Kuala Lumpur, the FTSE Malaysia KLCI rose 0.38%.
The biggest gainers of the session on the FTSE Malaysia KLCI were PPB Group Bhd (KL:PEPT), which rose 3.00% or 0.44 points to trade at 15.10 at the close. Telekom Malaysia Bhd (KL:TLMM) added 2.73% or 0.18 points to end at 6.78 and Felda Global Ventures Holdings Bhd (KL:FGVH) was up 2.13% or 0.04 points to 1.92 in late trade.
Biggest losers included Sime Darby Bhd (KL:SIME), which lost 0.81% or 0.07 points to trade at 8.53 in late trade. Malayan Banking Bhd (KL:MBBM) declined 0.65% or 0.06 points to end at 9.16 and Genting Malaysia Bhd (KL:GENM) shed 0.47% or 0.02 points to 4.20.
Declining stocks outnumbered rising ones by 298 to 259 and 48 ended unchanged on the Kuala Lumpur Stock Exchange.
In commodities trading, Crude oil for July delivery was up 2.03% or 1.22 to $61.36 a barrel. Meanwhile, Brent oil for delivery in July rose 1.66% or 1.08 to hit $65.96 a barrel, while the August Gold contract rose 0.44% or 5.20 to trade at $1182.80 a troy ounce.
SGD/MYR was up 0.33% to 2.7790, while USD/MYR fell 0.27% to 3.7335.
The US Dollar Index was down 0.40% at 94.79.