KUALA LUMPUR: The FBM KLCI remained in the red as it entered midday break as investors remained cautious over US plans to taper its assets purchase programme while tighter regulations in China's property sector threatened the economic outlook.
At 12.30pm, the country's key index was down 5.04 points to 1,525.4. Market breadth however was positive as there were 439 gainers compared to 369 decliners, suggesting that bargain-hunting had resumed on smaller caps.
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