12MP: No short-term market excitement

While the FBM KLCI inched up by 13.77 points or 0.9% to 1,546.82 points, the overall market breadth was negative as 593 decliners trumped 463 gainers.

PETALING JAYA: The stock market’s reaction to the 12th Malaysia Plan (12MP), which is the country’s five-year official economic guidance, appears to be mixed.

While the FBM KLCI inched up by 13.77 points or 0.9% to 1,546.82 points, the overall market breadth was negative as 593 decliners trumped 463 gainers.