Bursa Malaysia lower at midday on cautious sentiment

Bursa Malaysia lower at midday on cautious sentiment

KUALA LUMPUR: Bursa Malaysia remained lower at midday on Wednesday, as investors stayed cautious while digesting key United States economic data amid mixed regional sentiment. © New Straits Times Press (M) Bhd

Bursa Malaysia opens lower ahead of Fed rate cut decision

KUALA LUMPUR: Bursa Malaysia opened lower on Wednesday, tracking losses from overnight Wall Street performance as profit-taking emerged ahead of the United States (US) Federal Reserve (Fed) interest rate cut decision later today. At 9.10 am, the FTSE Bursa Malaysia KLCI (FBM KLCI) fell 2.43 points, or 0.12 per cent, to 1,521.39 from Tuesday’s close of 1,523.82. The benchmark index opened 0.28 of a point firmer at 1,524.10. Market breadth was sli…