FBM KLCI Dips Slightly Ahead Of U.S. Price Data

The FBM KLCI edged into negative territory around midday following a volatile session, as investors braced for a crucial US inflation report.

As of 12:30pm, the key index had dipped 1.98 points to 1,587.68.

Investor sentiment remained cautious, reflecting a subdued market sentiment with 693 stocks declining against 329 gainers, while 421 stocks held steady.

Leading the decliners, YTL Power saw a significant drop of 22 cents to RM4.66, while YTL Corp slipped 15 cents to RM3.29.

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