KUALA LUMPUR, Sept 18 ― The benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) edged down this morning on selective trading as traders remained on sidelines, a dealer said.
At 9.15am, the key index stood at 1,843.72, down 0.06 of a point, after opening slightly higher at 1,844.86.
On the broader market, market breadth was slightly positive with gainers outpacing decliners 177 to 175 while 219 counters were unchanged, 1,052 untraded and 14 others were suspended.
“Sentiment remains cautious ahead of the Bank Negara Malaysia's Monetary Policy Committee meeting outcome later today.
“Market could rebounce shall there be no increase in interest rates,” he said, adding that Moody's revised outlook of Malaysia to positive from stable should bode well for the local equity mart.
On other scoreboard, the FBM Emas Index added 2.05 points to 12,892.28, the FBMT100 Index gained 1.67 points to 12,473.91 but the FBM Emas Syariah Index trimmed 3.26 points to 13,153.56.
The FBM 70 added 9.92 points to 14,211.66, the FBM Ace appreciated 0.92 of-a-point to 7,194.88, while on a sectorial basis, the Finance Index shed 3.39 points to 17,247.68, the Industrial Index declined 2.15 points to 3,210.14 and the Plantation Index dipped 9.05 points to 8,362.00.
Among heavyweights, Maybank and Public Bank were flat at RM9.97 and RM18.96, respectively, Digi.com added three sen to RM5.79 and YTL Corporation gained two sen to RM1.68.
Actively traded stocks this morning included Nexgram Holdings, KNM Group, Olympia Industries and Reach Energy Bhd-Warrants. ― Bernama
