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Malaysia shares fall for third straight session, Singapore steady

Rising U.S. bond yields, lower global palm oil, cheaper metal prices weigh

KUALA LUMPUR (Nikkei Markets) -- Malaysia shares fell on Tuesday for the third straight session amid decline in global metal and palm oil prices, while Singapore stocks held steady as investors assess the impact of rising U.S. bond yields.

The FBM KLCI fell 0.8% to 1865.34 led by decline in Press Metal Aluminium Holdings, while the Straits Times Index closed marginally higher at 3584.56 as gains in manufacturing and finance stocks helped cushion losses in the property sector.

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