KUALA LUMPUR: Bursa Malaysia slipped into the red after in the early trading session as it failed to hold on to the 1,500 psychological level amid ongoing uncertainty over the economic outlook.
KUALA LUMPUR: The FBM KLCI remained downbeat at midday as there was an absence of positive catalysts to lift investor sentiment ahead of the Chinese New Year holidays.
KUALA LUMPUR: Bursa Malaysia remains in a cautious mood ahead of US inflation data due out later tonight as the key data will inform the pace of the next Federal Reserve interest rate hike.
KUALA LUMPUR: Bursa Malaysia held on to gains in the morning session as investors placed bets that US rate hikes would slow moving forward while China's reopening would bode well for the outlook of the economy.