The FBM KLCI pared losses on Tuesday but remained in negative territory as investors were reluctant to make significant moves due to lack of buying interests and weak market sentiment, said an analyst.
At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) declined 0.13 of a point to 1,448.02 from Monday’s closing of 1,448.15.
The barometer index opened 2.04 points better at 1,450.19 and moved between 1,446.6 and 1,452.6 throughout the trading session.
Market breadth was negative, with losers surpassing gainers at 526 to 390, while 450 counters were unchanged, 1,044 untraded and 72 others suspended.
Turnover expanded to 3.81 billion units valued at RM2.38 billion from 3.09 billion units worth RM2.05 billion on Monday, reported Bernama.
