The FBM KLCI inched up more than one point at midday on Tuesday despite the weaker regional and broader markets, as investors were concerned on the possibility of Greece defaulting its debt.
At 12.30pm, the KLCI rose 1.34 points to 1,734.50. Turnover was 862.69 million shares valued at RM679.3mil. There were 242 gainers, 443 decliners and 296 counters unchanged.
Reuters reported Asian stocks slipped on Tuesday as financial markets braced for the possibility of Greece defaulting on its debt, while a two-day policy meeting of the US Federal Reserve's monetary committee starting later in the day also prompted caution.
Global equity markets have felt a pinch after talks between cash-strapped Athens and its creditors broke down over the weekend, with Greece only having two weeks before it has to repay 1.6 billion euros (U$1.8bil) to the International Monetary Fund.
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At 12.30pm, the KLCI rose 1.34 points to 1,734.50. Turnover was 862.69 million shares valued at RM679.3mil. There were 242 gainers, 443 decliners and 296 counters unchanged.
Reuters reported Asian stocks slipped on Tuesday as financial markets braced for the possibility of Greece defaulting on its debt, while a two-day policy meeting of the US Federal Reserve's monetary committee starting later in the day also prompted caution.
Global equity markets have felt a pinch after talks between cash-strapped Athens and its creditors broke down over the weekend, with Greece only having two weeks before it has to repay 1.6 billion euros (U$1.8bil) to the International Monetary Fund.
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