Bursa Lower At Midday, Along With Regional Peers

Bursa Malaysia ended the morning session lower, in line with the regional market performance, as investors awaited a decision on interest rates by the US Federal Reserve later on Wednesday.

At the lunch break, the FBM KLCI had fallen by 4.08 points, or 0.28%, to 1,453.58, from Tuesday’s close at 1,457.66.

The index opened 5.03 points weaker at 1,452.63, and moved between 1,450.37 and 1,456.77 throughout the morning trading session.

However, in the broader market, gainers slightly outnumbered decliners 414 to 404, while 441 counters were unchanged, 1,115 untraded, and 11 others suspended.

Turnover stood at 2.04 billion units worth RM1.21 billion.

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