Bursa Mixed At Midday, KLCI Slips 2.87 Points

Bursa Malaysia was mixed at midday as profit-taking activities among the blue chips — mainly banking and energy stocks after their recent advance — continued to drag the barometer index lower.

At 12.30pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) fell 2.87 points to 1,417.48 from Wednesday’s close of 1,420.35.

The main index opened 2.54 points lower at 1,417.81 and moved between 1,415.10 and 1,418.85 throughout the morning trading session.

Market breadth, however, was positive as gainers beat decliners at 384 to 343, while 357 counters were unchanged, 1,207 untraded and 75 others suspended.

Turnover stood at 1.84 billion units worth RM724.77 million.

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