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Bursa Malaysia end mixed at midday as investors stick to heavyweights

KUALA LUMPUR: Bursa Malaysia was mixed at midday as investors continued trading in cautious mode ahead of the US Federal Reserve announcement on the interest rate tonight.

At 12.30pm, FTSE Bursa Malaysia (FBM) KLCI rose 0.42 per cent or 6.75 points to 1,618.69 from Tuesday's close of 1,611.94.

The key index opened at 1,613.33 and moved between 1,611.60 and 1,619.94 in the morning trading session.

The broader market was negative with 686 decliners and 297 gainers while 422 counters were unchanged.

On the index board, FBM100 gained lost ground and added 0.08 per cent to 12,069.56, FBM Emas rose 0.04 per cent to 12,474.25.

FBM Ace stayed in the red as it dropped 1.16 per cent to 5,602.38. Unisem (M) Bhd was among the top losers, dropping 27 sen to RM3.72 after  it recorded weaker earnings in the second quarter ended June 30, 2024 (Q2 2024).

On the flipside, Affin Bank Bhd added 19 sen or 6.44 per cent to RM3.14.

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