Bursa Slips At Midday On Profit-taking; KLCI Down 0.04 Points

Bursa Malaysia declined at midday on Friday as profit-taking continued in key heavyweights, mainly banking and utilities stocks.

At 12.30pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) slid 0.04 of-a-point to 1,553.20 from Thursday’s close of 1,553.24.

The benchmark index opened 2.17 points lower at 1,551.07 and moved between 1,547.96 and 1,555.42 throughout the morning session.

On the broader market, decliners led gainers 531 to 368, with 425 counters unchanged, 996 untraded and nine others suspended.

Turnover stood at 2.43 billion units worth RM1.23 billion, Bernama reported.

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