Axiata Drags Bursa Lower At Midday

Bursa Malaysia ended the morning session lower at midday, dragged by Axiata Group Bhd.

At 12.30pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) eased by 0.06 of a point to 1,402.92 from 1,402.98 at last Friday’s close.

The barometer index opened 2.49 points higher at 1,405.47 on Monday morning.

On the broader market, losers trounced gainers 433 to 294, while 363 counters were unchanged, 1,186 untraded and 26 others suspended.

Turnover stood at 1.62 billion units worth RM906.83 million.

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