Bursa Malaysia was lower at midmorning in sync with the not-so-rosy Wall Street and regional performance.
Investors were also closely watching Malaysia’s third quarter gross domestic product (GDP) report to be announced today, with economists projecting 3.2 to 3.3 per cent growth versus 2.9 per cent growth in the preceding quarter.
At 11.10am today (Nov 17), the FTSE Bursa Malaysia KLCI (FBM KLCI) fell 4.19 points to 1,460.49 from yesterday’s closing of 1,464.68.
The index opened 3.09 points easier at 1,461.59.
The market breadth was negative with decliners outpacing gainers 387 to 299 while 429 counters were unchanged, 1,275 untraded and 24 others suspended.
Turnover amounted to 1.59 billion units valued at RM591.97 million, Bernama reported.
