Friday 1 April 2016

KLCI closes down for midday break in line with key Asian markets

Bursa Malaysia ended the morning session in a negative territory at mid-day in line with the insipid performance of its regional peers.

At 12.30 pm, there were 234 gainers, 406 losers and 1,109 counters traded unchanged on the Bursa Malaysia. Turnover was at 801.188 million shares valued at RM694.5mil.

The benchmark FBM-KLCI was down 6.86 points to 1,710.72 weighted down by selected heavyweight stocks.

JF Apex Research said following the overnight muted performance in the US and Europe, the FBM KLCI was expected to be under selling pressure arising from the profit taking with its immediate support at 1700 points.

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