KUALA LUMPUR: The FBM KLCI ended Wednesday in the red amidst volatile trading, spurred by late selling of selected consumer stocks and UMW, while most key regional markets fell.
At 5pm, the KLCI fell 1.17 points or 0.07% to 1,772.88. Turnover was 1.43 billion valued at RM1.821bil. Losers beat gainers 417 to 352. 311 were unchanged.
Reuters reported European shares edged higher and major currencies and commodities were little changed on Wednesday as investors awaited clarity on the U.S. Federal Reserve's next policy step.
Recent mixed data on the health of the U.S. economic recovery is expected to encourage the Fed to leave its ultra-loose policy unchanged, but markets are on alert for any hints on when or how quickly it could wind back its bond buying.
At Bursa Malaysia, BAT fell 40 sen to RM61.60, F&N 16 sen to RM18.64 and UMW 18 sen to RM14.40.
Among banks, HLFG fell eight sen to RM14.16, RHB Cap six sen to RM8.60, Public Bank two sen to RM17, AMMB three sen to RM7.17 butCIMB rose two sen to RM8.29 and Hong Leong Bank two sen to RM13.82.
Crude palm oil rose RM6 to RM2474. KL Kepong added 10 sen to RM21.60, United Plantations rose RM2.18 to RM31, PPB 12 sen to RM13.72, IOI one sen to RM5.38 and Sime Darby one sen to RM9.56.
Petronas-linked stocks were mixed, PetDag fell six sen to RM25.26, PetGas two sen to RM21.08 but PetChem rose two sen to RM6.62.
The ringgit strengthened against the dollar at 3.1515 from the previous close of 3.1535.
Among the key regional markets, Japan's Nikkei 225 rose 1.83% to 13,245.22;
Hong Kong's Hang Seng Index fell 1.13% to 20,986.89;
Shanghai's Composite Index fell 0.62% to 2,143.45;
Taiwan's Taiex fell 0.05% to 8,007.39;
South Korea's Kospi fell 0.65% to 1,888.31;
Singapore's Straits Times Index fell 0.43% to 3,214.96.
US light crude oil rose 38 cents to US$98.82 and Brent rose 34 cents to US$106.36.
Spot gold rose 36 cents to US$1368.04.