Bursa Malaysia marginally lower at midday in cautious trading

Quick Summary:

KUALA LUMPUR: Bursa Malaysia edged down at the midday break amid a mixed and cautious regional market performance.

However, it reckons that attention may shift to sectors set to benefit from Budget 2025 policies, including construction, property, technology, and renewable energy.

The market breadth remained negative, with decliners outpacing gainers 475 to 334 while 476 counters were unchanged, 1,196 untraded and 13 suspended.Turnover stood at 1.27 billion units valued at RM936.54 million.

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Article Details

Category: EconomyBusiness

Markets: MalaysiaChina

Topics: Equities Stocks Investor Bursa Malaysia FBM KLCI Trading /Business/Business News Commodity Markets

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-22 @ 12:45:00 (1 weeks ago)

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Article Length: 471 words

Reading Time: 3 minutes read

Sentences: 18 lines

Sentence Length: 27 words per sentence (average)

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Copyright Owner: © The Star

News ID: 23193234

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