Bursa Lower At Midday, In Line With Regional Peers

Bursa Malaysia ended the morning trading session lower in tandem with the weaker regional market performance on Thursday (March 16), due to renewed selling in the global banking sector, said an analyst.

At lunch break, the benchmark FBM KLCI was 8.03 points lower at 1,395.90, from Wednesday’s close at 1,403.93.

The key index opened 3.11 points easier at 1,400.82, and subsequently moved between 1,391.04 and 1,403.93 throughout the morning session.

Market breadth was negative, with losers outpacing gainers 677 to 146, while 298 counters were unchanged, 1,146 untraded, and 21 others suspended.

Turnover amounted to 1.59 billion units worth RM884.82 million.

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