Bursa Malaysia remains in the red at midday

KUALA LUMPUR: Bursa Malaysia remained in negative territory at midday on continued profit taking in most heavyweights counters.

At lunch break, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) fell 16.49 points, or 1.03 per cent, to 1,581.46 from 1,597.95 at Monday’s close.

The FBM KLCI opened 0.02 of-a-point lower at 1,597.93 and moved between 1,579.27 and 1,598.21 throughout the morning session.

On the broader market, losers thumped gainers 432 to 175, while 585 counters were unchanged, 1,108 untraded and 35 others suspended.

Total turnover stood at 1.64 billion units worth RM1.03 billion. - Bernama