KL shares end mixed ahead of US Fed rate decision on Wednesday

BURSA Malaysia’s key index was little changed while the broader market ended mixed today, amid cautious sentiment prevailing across the region ahead of the US Federal Reserve’s (Fed) decision on interest rate later today, said a dealer.

At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) inched up 0.23 of-a-point to end at 1, 512.98 from Tuesday’s (Jan 30) close of 1,512.75.

The barometer index opened 0.15 of-a-point easier at 1,512.60 and moved between 1,509.55 and 1,516.40 throughout the day.

Decliners led advancers 635 to 401 on the broader market, while 427 counters were unchanged, 799 untraded, and 52 others suspended.

Turnover declined to 3.67 billion units valued at RM2.86 bil from 3.78 billion units worth RM2.64 bil on Tuesday. – Jan 31, 2023

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