KUALA LUMPUR: Bursa Malaysia finished marginally lower at midday as cautious sentiment weighed on buying patterns amid the absence of market-moving factors.
In the broader market, decliners outnumbered gainers 602 to 283 while 444 counters were unchanged. Turnover stood at 2.41 billion shares worth RM1.47bil. TA Securities said the local market correction should extend on spillover losses from the US and regional markets, and pending more clarity on the earnings impact from potential interest-free loan moratoriums for banks and profit windfall tax hit on beneficiaries from the pandemic.
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