At 9.05am, the FBM KLCI was down 3.51 points to 1,495.87. There was a negative market breadth with 163 decliners compared with 97 gainers.In the week ahead, Bank Negara will be announcing its monetary policy decision, with analysts in agreement that the central bank will raise the overnight policy rate by 0.25%.
According to Malacca Securities Research, sectors in focus include manufacturing, construction, plantation and agriculture. Meanwhile, there was a pullback in Bursa Malaysia equities including Hextar Technologies down 30 sen to RM24.22, Carlsberg sliding 14 sne to RM23.52 and Chin Hin shedding seven sen to RM3.43.
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