Bursa Malaysia remains lower at mid-afternoon | Malay Mail

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KUALA LUMPUR, March 18 ― Bursa Malaysia remained lower at mid-afternoon today on continued profit-taking led by the technology and healthcare counters. At 3.10pm, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) was 5.53 points lower at 1,585.35, from 1,590.88 at yesterday’s close, after...

KUALA LUMPUR, March 18 ― Bursa Malaysia remained lower at mid-afternoon today on continued profit-taking led by the technology and healthcare counters.

On the broader market, losers outpaced gainers 460 to 359, while 424 counters were unchanged, 1,078 untraded and 45 others suspended.OANDA senior market analyst, Asia Pacific, Jeffrey Halley said in a note that regionally, the Asian equity market is content to do some modest rebalancing of positions and risk reduction into the weekend, a theme that is expected to be repeated in the European market this afternoon.

Besides, he said, the lack of clarity from the Ukraine-Russia talks was also not providing sufficient catalyst for the market.

 

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Bursa Malaysia lower at mid-day on profit-taking | Malay MailKUALA LUMPUR, March 18 ― Bursa Malaysia was lower at midday, dragged down by profit-taking led by the technology, construction and financial services sectors. At 12.30pm, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) was 0.35 per cent or 5.50 points lower at 1,585.38, from 1,590.88...
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