Bursa Malaysia ends morning session lower
At 12.30pm, the FTSE Bursa Malaysia KLCI was down 15.08 points at 1,597.06 compared with Friday’s close of 1,612.14. — Picture by Hari Anggara
At 12.30pm, the FTSE Bursa Malaysia KLCI was down 15.08 points at 1,597.06 compared with Friday’s close of 1,612.14.A dealer said that most of the Asian equities were mixed in early morning trade today, as investors remained on the sidelines waiting for more clear directional drivers, while the US markets closed for the Labour Day holiday.
“Markets seemed to take this latest escalation of the trade war in stride and trading was thin,” he said, adding that investors are now looking forward to a monetary policy decision in Australia out today. Of the actives, Bumi Armada earned half-a-sen to 26 sen, Vsolar eased half-a-sen to 13.5 sen while Ekovest and Sapura Energy were flat at 83 sen and 27.5 sen respectively.
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