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Bursa Malaysia ends morning session lower on profit-taking » The Capital Post

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EconomicENG

Bursa Malaysia ends morning session lower on profit-taking

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By Meharaj Paramasiwam 0 0
Estimate Reading Time: < 1 minute

KUALA LUMPUR (July 16): Bursa Malaysia stayed in negative territory at midday today as investors took profit in healthcare-related and gloves stocks, interspersed with buying interest in selected counters including those in the construction and plantation sectors.

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At 12.30pm, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) decreased 0.28% or 4.29 points to 1,516.53 from Thursday’s close of 1,520.82.

The index opened 3.08 points higher at 1,523.9 and moved between 1,511.78 and 1,525.37 throughout the morning session.

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Losers slightly outpaced gainers at 402 to 394, while 440 counters were unchanged, 1,003 untraded and 18 others suspended.

Turnover stood at 2.56 billion units worth RM1.65 billion.-BERNAMA

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