Bursa Mixed At Midday

Bursa Malaysia remained mixed at midday as selling in the broader market continued as investors were cautious amid pressure following a risk-off day for US stocks overnight.

At 12.30pm, the benchmark index increased 2.43 points to 1,427.61 from Thursday’s close of 1,425.18.

The benchmark index opened marginally higher at 1,426.48 and moved in a narrow range of between 1,425.04 and 1,429.92 throughout the session.

Decliners outpaced gainers 439 to 277, while 382 counters were unchanged, 1,163 untraded, and 32 others suspended.

Turnover stood at 1.59 billion units worth RM831.34 million.

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