Bursa Malaysia ended the morning session lower on Tuesday, in tandem with the weaker regional performance due to a broad sell-off on Wall Street overnight, said an analyst.
At 12.30pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) fell 5.71 points to 1,536.82 from Monday’s close of 1,542.53.
The benchmark index opened 1.45 points down at 1,541.08.
The market breadth was negative with decliners outpacing gainers 1,153 to 124, while 257 counters were unchanged, 818 untraded, and 11 others suspended.
Turnover amounted to 3.49 billion units worth RM2.02 billion.
Most key regional markets were lower at midday, which saw Japan’s Nikkei decline 2.2% to 38,371.57, Singapore’s Straits Times Index eased 1.29% to 3,142.63, and South Korea’s Kospi dropped 2.39% to 2,606.61.
Hong Kong’s Hang Seng Index slipped 1.93% to 16,279.56 and China’s SSE Composite Index dipped 1.42% to 3,013.84, Bernama reported.
