FBM KLCI Slips On Profit-Taking Ahead Of US Fed Meeting

The FBM KLCI edged lower in the morning session due to profit-taking ahead of the upcoming US Federal Reserve meeting later this week.

As trading paused for the midday break, the index had fallen 6.59 points to 1,657.69. The broader market saw 523 decliners outpacing 326 gainers.

Most sectors were in negative territory, with healthcare leading the decline after notable gains in recent sessions.

A total of 1.41 billion shares were traded, amounting to a turnover of RM1.46 billion.

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