The overall market breadth on Bursa was negative with losers outnumbered gainers 546 to 198, while 367 counters were unchanged, 829 untraded and 74 others suspended. — Reuters pic
The composite index was heavily punished by losses in Public Bank, Maxis, and Hong Leong Bank that saw a total of 7.234 points erased. The FBM Emas Index reduced 68.16 points to 11,590.93, the FBMT 100 Index contracted 66.47 points to 11,414 68 and the FBM Ace declined 10.01 points to 4,724.89. KUALA LUMPUR, July 31 — Bursa Malaysia ended the morning session broadly lower dampened by weak risk appetite with selling mostly in the index-linked counters.
A dealer said sentiment in the global market was fragile while waiting for the decision on the US interest rate coupled with subdued hope for the US-China trade war resolutions.
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