Malaysian share prices closed up 0.6 percent Friday due to last-minute buying of big stocks like palm oil giant Sime Darby, dealers said. They said volume was thin, reflecting caution about geopolitical risks triggere. Choo Swee Kee, chief investment officer at TA Investment Management, said the political turmoil in Pakistan will not have0 ringgit.
Telekom Malaysia was flat at 11.30 ringgit and Maybank, the largest bank in Malaysia, lost 10 sen at 11.80 ringgit. Sime Darby, the world's largest listed palm oil producer, rose 20 sen to 11.90 ringgit. Kuala Lumpur Kepong, which owns oil palm estates in Indonesia and Malaysia, gained 30 sen to 17.30 ringgit. Mid-sized planter Asiatic added 30 sen to 8.60 ringgit.