KUALA LUMPUR: Bursa Malaysia extended its downward momentum at midday on continued selling pressure in selected heavyweight counters, led by industrial products and services, transportation and logistics, as well as financial services sectors.
Petronas Chemicals fell 9.0 sen to RM3.17, MISC shed 14 sen to RM7.98, and CIMB slipped 5.0 sen to RM8.47. Collectively, these counters shaved 3.28 points off the composite index.
At 12.30 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) eased 0.18 per cent, or 3.09 points, to 1,727.93 from yesterday’s close of 1,731.02.
The barometer index opened 1.79 points lower at 1,729.23, and moved between 1,723.91 and 1,731.80 during the morning session.
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