Bursa Malaysia Ends Morning Session Lower
KUALA LUMPUR, Bursa Malaysia ended the morning session lower as most traders remained on the sidelines ahead of the United States (US) Federal Reserve’s potential rate cut. At 12.30 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) fell 6.59 points to 1,657.69 from Tuesday’s close of 1,664.28. The benchmark index opened 0.05 of-a-point higher at 1,664.33 and moved between 1,655.08 and 1,664.78 throughout the morning trading session. Decliners led gainers 523 to 326, with 422 counters unchanged, 1,234 untraded and nine suspended. Turnover stood at 1.41 billion units worth RM1.46 billion. Hong Leong Investment Bank said that ahead of the