Profit-taking and cautious trading ahead of the release of the United States Federal Open Market Committee (FOMC) meeting minutes continued to weigh on Bursa Malaysia’s performance, with all sectors slipping into the red zone at midday.
At 12.30 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) slid by 5.84 points to 1,549.75 compared with Tuesday’s closing of 1,555.59.
The benchmark index opened 1.49 points lower at 1,554.10 and moved between 1,547.49 and 1,554.95 throughout the morning trading session.
The market breadth was negative with losers surpassing gainers 583 to 314, while 432 counters were unchanged, 968 untraded and 11 others suspended.
Turnover amounted to 1.97 billion units worth RM1.24 billion, Bernama reported.
