The FBM KLCI reversed its strong start and fell into negative territory by midday as market momentum shifted and selling pressure increased.
At the lunch break, the market barometer was down 3.05 points, or 0.18%, at 1,665.77, after peaking at 1,671.62 earlier in the session. The index opened 1.09 points higher at 1,669.91.
On Bursa Malaysia, there were 418 gainers, 541 losers, and 510 counters remaining unchanged. Turnover reached 2.04 billion shares, valued at approximately RM1.6 billion.
Hong Leong Industries emerged as the top gainer, rising 34 sen to RM13.78. Other notable gainers included Dutch Lady, which added 28 sen to RM31.28, F&N, gaining 18 sen to RM30.46, and PIE Industrial, which rose 13 sen to RM5.29.
