Bursa falls in muted trading as global policy meetings loom

TheStar Mon, Oct 30, 2023 12:40pm - 6 months View Original


KUALA LUMPUR: Malaysia's stock market slipped in morning trade as Asian markets remained cautious ahead of the central bank meeting scheduled in the coming days.

On the investor calendar are monetary policy meetings by the US Federal Reserve and the Bank of Japan as well as a slew of corporate earnings results scheduled for release.

At 12.30pm, the benchmark FBM KLCI was down 4.49 points to 1,437.41.

There were 596 decliners compared to 175 gainers, which indicated an overwhelmingly negative sentiment on the market.

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