Share prices on Bursa Malaysia were mixed at the end of the morning session today, amid the bearish sentiment on key regional markets, dealers said.
At 12.30pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) rose 0.4 of a point or 0.03 per cent to 1,465.79.
Dealers said plantation stocks continued to drag the benchmark index down as palm oil stocks declined by 1.52 per cent to 2.068 million tonnes in November.
HwangDBS Vickers expects the index to continue to swing sideways with a marginal downward bias due a dearth of positive developments abroad.
Investors were disappointed when US policymakers did not mention fresh measures to stimulate the American economy at the Federal Open Market Committee meeting last night.
In reaction, major stock indices on Wall Street lost between 0.6 per cent and 1.3 per cent at the closing bell, the research house said.
The Finance Index rose 32.109 points to 13,039.72 but the Plantation Index tumbled 55.38 points to 7,930 and the Industrial Index fell 5.14 points to 2,467.3.
The FBM Emas Index gained 1.37 points to 10,040.84, the FBM Mid 70 Index lost 1.479 points to 11,001.58 and the FBM ACE Index advanced 7.43 points to 4,148.7.
Market breadth was negative, with losers leading gainers by 320 to 232, while 293 counters were unchanged. Turnover stood at 808.93 lots worth RM455.72 million.
For the actives, Takaso gained 2.0 sen to 21.5 sen, BIMB-CB rose 1.0 sen to 10 sen but Sanichi fell half sen to 22.5 sen.
Among heavyweights, Maybank gained 6.0 sen to RM8.25, Sime Darby was flat at RM8.94 and CIMB rose 2.0 sen to RM6.86. -- Bernama
At 12.30pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) rose 0.4 of a point or 0.03 per cent to 1,465.79.
Dealers said plantation stocks continued to drag the benchmark index down as palm oil stocks declined by 1.52 per cent to 2.068 million tonnes in November.
HwangDBS Vickers expects the index to continue to swing sideways with a marginal downward bias due a dearth of positive developments abroad.
Investors were disappointed when US policymakers did not mention fresh measures to stimulate the American economy at the Federal Open Market Committee meeting last night.
In reaction, major stock indices on Wall Street lost between 0.6 per cent and 1.3 per cent at the closing bell, the research house said.
The Finance Index rose 32.109 points to 13,039.72 but the Plantation Index tumbled 55.38 points to 7,930 and the Industrial Index fell 5.14 points to 2,467.3.
The FBM Emas Index gained 1.37 points to 10,040.84, the FBM Mid 70 Index lost 1.479 points to 11,001.58 and the FBM ACE Index advanced 7.43 points to 4,148.7.
Market breadth was negative, with losers leading gainers by 320 to 232, while 293 counters were unchanged. Turnover stood at 808.93 lots worth RM455.72 million.
For the actives, Takaso gained 2.0 sen to 21.5 sen, BIMB-CB rose 1.0 sen to 10 sen but Sanichi fell half sen to 22.5 sen.
Among heavyweights, Maybank gained 6.0 sen to RM8.25, Sime Darby was flat at RM8.94 and CIMB rose 2.0 sen to RM6.86. -- Bernama
