Bursa pares losses but remains broadly lower

KUALA LUMPUR: The FBM KLC pared losses as it entered midday with glove stocks helping to shore up the index, which had been pressured lower on concerns over global lockdowns resulting from the spread of a new Covid-19 variant.

At 12.30pm, the benchmark index was down 2.11 points to 1,510.11 with sharp declines in commodity plays Press Metal and Petronas Chemicals.