Bursa Turns Mixed On Cautious Sentiments

Bursa Malaysia turned mixed at midday on Wednesday amid mixed regional market sentiments as investors remained cautious on US interest rate cuts and unresolved tension in the Middle East, said an analyst. 

At 12.30pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) fell 1.24 points to 1,533.76 from Tuesday’s close of 1,535.

The benchmark index opened 0.05 of a point firmer at 1,535.05.

However, the market breadth was positive with gainers outpacing decliners 512 to 342, while 462 counters were unchanged, 1,036 untraded and 11 others suspended.

Turnover amounted to 1.85 billion units worth RM1.18 billion, Bernama reported.

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