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Bursa Malaysia lower at mid-day on cautious market sentiment | Malay Mail

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Bursa Malaysia lower at mid-day on cautious market sentiment

At 12.30pm, the FTSE Bursa Malaysia KLCI slipped 0.53 point to 1651.88 after having closed at 1,652.41 yesterday. — Bernama pic

At 12.30pm, the FTSE Bursa Malaysia KLCI slipped 0.53 point to 1651.88 after having closed at 1,652.41 yesterday. Losers outnumbered gainers 430 to 244, while 395 counters were unchanged, 851 untraded and 16 others suspended.Maybank Investment Bank Research said there had been some selling pressure in large-cap stocks since yesterday.

“Technically, we expect the FBM KLCI to range between 1,645 and 1,665 today. Downside supports are at 1,650 and 1,636,” it added.

 

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