Malaysian shares continue to fall as key index drops

  • Malaysia’s KLCI index declines for fifth day
  • FTSE Bursa Malaysia KLCI falls 0.1% to 1,441.97
  • Petronas Dagangan and CELCOMDIGI shares decline
  • YTL and YTL Power International shares rise
  • Singapore’s FTSE Straits Times Index increases 1.1%
  • Thailand SET Index closes flat
  • Indonesia’s JSX Composite Index increases 0.4%
  • Hang Seng Index and NIKKEI 225 Index fall
  • Shanghai Composite Index gains 0.1%
  • KOSPI Composite Index and S&P/ASX 200 Benchmark Index rise
  • US dollar and euro weaken against Malaysian ringgit

Malaysian shares fell for the fifth consecutive session on Friday, with the benchmark FTSE Bursa Malaysia KLCI falling 0.1% to 1,441.97. Energy firm Petronas Dagangan and telecommunication services company CELCOMDIGI posted the largest declines, while YTL and YTL Power International saw their shares rise. In other parts of Southeast Asia, Singapore’s FTSE Straits Times Index increased, while the Thailand SET Index closed flat. The Philippines’ stock exchange was closed, and Indonesia’s JSX Composite Index increased. Hong Kong and Japanese stocks fell, while Chinese stocks gained. South Korean and Australian stocks saw gains. On the currency front, the US dollar and euro weakened against the Malaysian ringgit.

Public Companies: FTSE Bursa Malaysia KLCI (FBMKLCI), Petronas Dagangan (5681), CELCOMDIGI (6947), Maxis (6012), YTL (4677), YTL Power International (6742), Hap Seng Consolidated (3034), FTSE Straits Times Index (STI), Thailand SET Index (SET), JSX Composite Index (JAKIDX), Hang Seng Index (HSI), NIKKEI 225 Index (NIK), Shanghai Composite Index (SHCOMP), KOSPI Composite Index (180721), S&P/ASX 200 Benchmark Index (XJO)
Private Companies:
Key People:

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Factuality Level: 8
Justification: The article provides factual information about the performance of Malaysian shares and other stock markets in the Asia-Pacific region. The information is based on data from Dow Jones and FactSet, which are reputable sources. There is no obvious bias or opinion presented in the article.

Noise Level: 3
Justification: The article primarily consists of a list of stock market movements and currency exchange rates. It lacks analysis, context, and actionable insights. The information provided is repetitive and does not provide any meaningful analysis of long-term trends or antifragility. Additionally, the article does not hold powerful people accountable or explore the consequences of decisions. Overall, it contains mostly noise and filler content.

Financial Relevance: Yes
Financial Markets Impacted: Malaysian shares, energy firms, telecommunication services companies

Presence of Extreme Event: No
Nature of Extreme Event: No
Impact Rating of the Extreme Event: No
Justification: The article provides information about the performance of Malaysian shares and specific companies in the energy and telecommunication sectors. There is no mention of any extreme events or their impacts.

Reported publicly: www.marketwatch.com