KUALA LUMPUR: Investor sentiment on Bursa Malaysia remained wobbly on Tuesday, a day after hotter-than-expected domestic inflation data brought the FBM KLCI nearly a third of a percent lower.
At 9am, the benchmark index was down 1.48 points to 1,536.06 as anxieties mounted over global inflation.
"We expect the downward bias consolidation tone to linger, taking cue from the negative developments on Wall Street overnight.
"Meanwhile, the lower liners may extend its recovery stance that is supported by stability in trading liquidity," said Apex Securities Research in its outlook.
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