FBM KLCI slightly lower at midday
KUALA LUMPUR: The FTSE Bursa Malaysia KLCI (FBM KLCI) ended the morning session slightly lower today, weighed by cautious sentiment amid mixed signals from Wall Street's overnight performance.
At 12.30 pm, the FBM KLCI fell 3.55 points to 1,578.84 from Tuesday's close of 1,582.39.
The benchmark index, which opened 0.84 of a point higher at 1,583.23, moved between 1,573.44 and 1,583.67 throughout the session.
However, the broader market was positive, with 489 gainers surpassing 401 decliners; 470 counters were unchanged, 1,035 untraded and seven suspended.
Turnover stood at 2.43 billion shares worth RM1.42 billion.
ActivTrades trader Anderson Alves said Asian equities were likely to be under pressure today as the broad risk-off environment is expected to spread across Asian markets today.
Among heavyweights, Maybank rose four sen to RM10.24, Tenaga Nasional eased four sen to RM14.30, Public Bank added one sen to RM4.51, CIMB decreased eight sen to RM7.23 and IHH Healthcare gained one sen to RM7.06.
In active trade, Nationgate strengthened 11 sen to RM1.74, Tanco added one sen to 94.5 sen, Notion bagged four sen to 73.5 sen, Velesto gained half sen to 16.5 sen and Genetec increased eight sen to RM1.12.
On the index board, the FBM Emas Index slipped 6.78 points to 11,790.12, the FBMT 100 Index dropped 14.58 points to 11,546.07, and the FBM Emas Shariah Index went down 0.69 of-a-point to 11,713.17.
The FBM 70 Index gained 24.08 points to 16,785.86 and the FBM ACE Index improved by 19.31 points to 4,744.39.
Across sectors, the Financial Services Index eased 20.94 points to 18,554.98, the Industrial Products and Services Index was up 0.83 of-a-point to 159.40, the Energy Index bagged 13.15 points to 734.30 while the Plantation Index slid 19.11 points to 7,336.62.
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