The FBM KLCI remained largely unchanged during the early session, recovering from earlier losses due to increased bargain-hunting activity. However, the broader market exhibited a notable downturn, with over half of the listed counters registering declines.
By 12:30 PM, the key index showed a minimal decrease of just 0.5 points to 1,589.87, demonstrating resilience in the blue-chip segment amidst selling pressure in smaller stocks.
Trading activity saw significant participation, with a turnover of 3.05 billion shares valued at RM1.72 billion changing hands in the first half of the session.
Declining stocks outnumbered advancers by a ratio of three to one, with 819 stocks in decline compared to 273 gaining, while 419 remained unchanged.
