Market breadth was negative as losers led gainers 111 to 80, with 142 counters unchanged, 1,555 untraded and 30 suspended. — Bernama pic
At 9.05am, the key FTSE Bursa Malaysia KLCI fell 7.70 points to1,643.04 from 1,650.74 at 5 pm on Wednesday.Market breadth was negative as losers led gainers 111 to 80, with 142 counters unchanged, 1,555 untraded and 30 suspended.
“In our view, the market’s gain over the past month largely reflected the improved earnings outlook and this is leaving little room for significant near term upsides. With the mixed performance by the lower liners and broader market after their respective recovery in the past few sessions, the trend could prevail, for now, it added.
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