FBM KLCI Flattish at Mid Day

Bursa Malaysia ended Tuesday morning session in flattish note, with the main index FBM KLCI moved slightly +0.06 point to 1,413.1 from Monday’s closing of 1,413.04.

The range of movement for the morning session was between 1,411.56 and 1,420.27.

On the broader market, decliners outpaced gainers 363 to 308, while 358 counters were unchanged.

Turnover stood at 1.28 billion units worth RM850.25 million.

Investor sentiment remains pessimistically cautious as the global cue turned negative. While some analysts see the local bourse in the oversold territory, there might be dip-buying opportunities arise.

The top 5 gainers for the morning session were Nestle Malaysia, Carlsberg Malaysia, PPB, Heineken Malaysia, Panasonic Malaysia.

Top 5 decliners were Dutch Lady Milk, F&N, Petronas Dagangan, Hong Leong Bank, KESM Industries.

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