KLCI Pares Losses At Midday

The benchmark FBM KLCI pared losses at midday on Tuesday, but weaker sentiment still persisted in the overall market, due to profit-taking activities. 

At lunch break, the index had fallen 1.09 points to 1,463.58, from Monday’s close at 1,464.67.  

The market bellwether opened 0.62 of a point easier at 1,464.05, and moved between 1,458.66 and 1,465.55 throughout the morning session.

In the broader market, decliners outpaced gainers 473 to 308, while 423 counters were unchanged, 1,144 untraded, and seven others suspended.

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