KUALA LUMPUR: Bursa Malaysia closed mixed at midday as the benchmark lost ground dragged by selling pressure in the plantation sector, while buying interest kept the broader market positive.
At 12.30pm, FTSE Bursa Malaysia KLCI was down 0.1 per cent or 1.61 points to 1,677.19 versus 1,678.80 on Friday's closing price.
The key index opened marginally higher at 1,680.36 and traded between 1,671.90 and 1,683.43 levels in the morning trading session.
The broader market saw gainers led losers 586 to 450 while 439 counters were unchanged.
On the index board, FBM100 added 0.03 per cent to 12,191.87, FBM Emas gained 0.09 per cent to 12,495.39 and FBM Ace was up 0.97 per cent to 5,165.62.
Maybank Investment Bank stated some interest may have returned to the small and mid-cap space given the two consecutive green days seen in the FBM small and mid-cap indices.
"As we see some interest returning to the property space, investors looking to trade the space may want to consider checking out our SP Setia Bhd (Stop loss: MYR0.995; Estimated Resistance: RM1.32) technical analysis highlight," it said in a note.