Bursa Malaysia was mixed in early afternoon trading as investors continued to trade in cautious mode ahead of the US Federal Reserve's (Fed) interest rate announcement early Thursday morning.
At 2.30pm, the FTSE Bursa Malaysia FBM KLCI rose 6.75 points (0.42%) to 1,618.69 from 1,611.94 at Tuesday's close.
The main index opened at 1,613.33 and it moved between 1,611.60 to 1,619.94 in the morning trading session.
Overall market sentiment was negative as losers outnumbered gainers by 686 to 297 and 422 counters unchanged.
The market is seen to be lively with activity taking place not only in public equity but also private equity which will continue to stimulate development.
However, the correct trajectory in terms of movement shows overall upside on a medium-term perspective.
On the index board, FBM100 rose 0.08 percent to 12,069.56, FBM Emas rose 0.04 percent to 12,474.25.
FBM Ace remained in the red as it fell 1.16 percent to 5,602.38, Unisem (M) Bhd was among the biggest losers, down 27 sen to RM3.72 after it posted weaker earnings in the second quarter of 2024.
