Bursa Malaysia pulled back at midday today, following a mixed performance in the early morning as profit-taking continued despite mostly positive regional market trends.
At 3.50pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) fell 4.02 points to 1,517.57 compared to its close of 1,521.59 on Monday.
The index opened 0.61 points lower at 1,520.98, moving between 1,518.68 and 1,524.50 during the morning trading session.
In the broader market, losers outnumbered gainers by 411 to 336, while 449 counters were unchanged, 1,244 were untraded and 117 were suspended.
Total trading volume amounted to 2.18 billion shares worth RM893.3 million.
Rakuten Trade Sdn Bhd vice-president of equity research Thong Pak Leng said the market movement was likely to pause after several days of upward trend.
The local bourse closed at a daily high, marking its fourth consecutive session of gains.
Among heavyweights, Public Bank fell one sen to RM4.44, IHH Healthcare fell three sen to RM6.86, while Maybank, Tenaga Nasional and CIMB were all unchanged at RM9.99, RM13.60 and RM6.99 respectively.
In active trading, NEXG fell three sen to 34 sen, ACE WTEC Group's first company fell two sen to 23 sen, Tanco was unchanged at 88 sen, while Velesto added half a sen to 16 sen and Notion VTec rose 2.5 sen to 72 sen.
