Bursa Malaysia Mixed At Midday Break As Sentiment Turns Slightly Cautious

Shares on Bursa Malaysia concluded the morning session with mixed results as market sentiment turned slightly cautious, reflecting regional performance ahead of the US Federal Reserve’s decision on interest rates later in the day.

Despite the cautious mood, the local bourse continued to receive consistent support across various sectors, with technology, construction, and property sectors leading the way.

At 12:30 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) increased by 2.25 points to 1,613.74 from Tuesday’s close of 1,611.49. The FBM KLCI had opened 5.14 points higher at 1,616.63 and fluctuated between 1,613.09 and 1,618.99 throughout the session.

Decliners outnumbered gainers 593 to 578, with 468 counters remaining unchanged, 762 untraded, and nine others suspended. The turnover amounted to 4.7 billion units worth RM2.86 billion.

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