Bursa slides as investors await US inflation data

KUALA LUMPUR: Equities markets are on the backfoot as investors await the release of inflation data from the US Federal Reserve later this week, which could either affirm or dispel hopes that interest rates have reached their terminal rate for now.

At 12.30pm, the benchmark FBM KLCI was down 1.93 point to 1,451.99 with an overall negative market breadth of 564 decliners to 262 gainers.