Malaysian Stock Movers: CapitaMalls, Cybertowers, Southern Steel

FTSE Bursa Malaysia KLCI Index falls 0.1% at 9:22 a.m. in Kuala Lumpur, with 14 stocks down; MSCI Emerging Market Index slides 1.1%.

ADVANCERS: * CapitaMalls Malaysia (CMMT) +1.9%; 2Q net income rises 75% to 132.8m ringgit from 75.7m ringgit yr earlier * Southern Steel (SSB MK) +2.1%; Co. may set up flat-steel plant in northern Penang state after getting government approval, Edge weekly newspaper reports, citing unidentified people

DECLINERS: * Cybertowers (CYBT MK) -3.1%; Christian Kwok Leun Yau Heilesen ceases to be substantial shareholder after selling 8.3m shrs

To contact the reporter on this story: Gan Yen Kuan in Kuala Lumpur at ykgan@bloomberg.net

To contact the editor responsible for this story: Allen Wan at awan3@bloomberg.net

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.