Mid Day Market Update: FBM KLCI Edged Slightly Higher

Bursa Malaysia ended the Thursday morning trading session higher with the FBM KLCI 2.32 points to 1,493.67 from Wednesday’s close of 1,491.35. The KLCI was supported by buying interest on selected heavyweights.

Meanwhile, the KLCI is expected to oscillate in close range ahead of the interest rate decision of both Bank Negara Malaysia and the European Central Bank on Thursday.

The market breadth was positive with gainers outnumbered losers 373 to 317, while 396 counters were unchanged.

Trading volume and value were 1.3 billion units and RM845.22 million respectively.

Some of the top gainers of morning session were Nestle, SAM Engineering & Equipment, F&N, MPI, Carlsberg.

Whilst top losers were Chin Tek Plantations, Batu Kawan, Khind, Kotra Industries, IQ Group, Harison.

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