Bursa Stays In Negative Territory At Midday

Bursa Malaysia continued to remain lower at midday on Tuesday amidst the mixed regional market performance as market participants are gearing up for a series of critical policy decisions from major central banks, said an analyst. 

At 12.30pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) fell 3.64 points to 1,550 from Monday’s close of 1,553.64.

The benchmark index, which opened 2.05 points easier at 1,551.59, moved between 1,546.08 and 1,552.1 during the morning trading session. 

Market breadth was negative with losers beating gainers 456 to 436, while 430 counters were unchanged, 972 untraded and nine others suspended.

Turnover amounted to 2.32 billion units worth RM1.42 billion.

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