Bursa was lower at midday

By SIOW NAN YEE / Pic By ISMAIL CHE RUS

The local bourse retreated into negative territory during the morning session after a mixed overnight performance at Wall Street.
 
At 12.30pm, the benchmark main Bursa Malaysia index was at 1,860.10, down by 1.12 points from yesterday’s close of 1,861.22.
 
The local bourse had opened 6.14 points lower at 1,855.08 but had been bouncing between 1,862.02 and 1,853.97 throughout the morning session.
 
Market breadth was negative, with 483 losers against 296 gainers, while 381 others were unchanged.
 
Turnover stood at 1.194 billion shares worth RM757.275 billion.
 
Top losers included MISC Bhd, Genting Malaysia Bhd, Maxis Bhd, Petronas Dagangan Bhd, YTL Corp Bhd and DIGI.Com Bhd.
 
Gainers for the day were led by Nestle Malaysia Bhd, Sime Darby Plantation Bhd, Hong Leong Bank Bhd, Petronas Chemicals Group Bhd and Malayan Banking Bhd.