KUALA LUMPUR: Despite opening marginally higher at the start of the opening bell, the FBM KLCI succumbed to mild profit-taking activities at midday.
Dealers said overall market sentiment remained cautious and investors remained on the sidelines in this holiday-shortened week.
At midday, the benchmark FBM KLCI fell 2.92 points to 1,550.59. The index opened 0.58 of a point higher at 1,554.09 this morning.
In the broader market, decliners outnumbered gainers 499 to 478 while 441 counters were unchanged. Turnover stood at 2.2 billion shares worth RM1.45bil.
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