KUALA LUMPUR, Jan 6 — Shares on Bursa Malaysia were traded mixed at the end of the morning session on further selling pressure and a weak lead from Wall Street, dealers said.

At lunch break, the FTSE Bursa Malaysia KLCI (FBM KLCI) was 0.17 of a point lower at 1,834.57 after hovering between 1,829.13 and 1,836.74.

The key US equity indices ended between -0.3 per cent and +0.2 per cent on Friday as investors turned cautious over latest macroeconomics development.

“The US Federal Reserve might accelerate the pace of its tapering process on the back of the rising economic momentum,” HwangDBS Vickers Research said in a note today.

Back home, market breath was positive as gainers led losers by 403 to 270, with 272 counters unchanged, 602 untraded and 16 others suspended.   

Turnover amounted to 1.02 billion shares valued at RM827.5 million traded.

On the scoreboard, the Finance Index rose 17.301 points to 16,821.4, the Plantation Index fell 18.67 points to 8,808.34 and the Industrial Index was 14.84 points lower at 3,117.15.

The FBM Emas Index gained 14.26 points to 12,693.01, the FBMT100 Index rose 8.62 points to 12,411.34, the FBM Ace garnered 73.24 points to 5,749.76 and the FBM 70 advanced 73.24 points to 14,142.42.

Among actives, Hubline added half-a-sen to 6.5 sen, Ingenuity Consolidated rose 1.5 sen to 9.5 sen and Daya Materials increased one sen to 38 sen.

As for heavyweights, Maybank gained four sen to RM9.95 and Tenaga rose four sen to RM11.04 but Axiata fell one sen to RM6.79. — Bernama