At 9.05am, the FBM KLCI was down 1.81 points to 1,491.75.
There were 160 decliners compared with 115 gainers, suggesting continued weakness in investor sentiment.Malacca Securities Research expects the pullback in the domestic market to be limited as the easing pace of inflation has lifted investor sentiment over recent days.
In addition, the research firm said investors will remain focused on China's Covid situtation in the absence of the fresh catalysts. Among individual counters, consumer and retail players continued to benefit from the year-end shopping and festive period.fell two sen to RM26.48 in mild profit-taking. The two counters were the most active on Bursa Malaysia with 87.46 million and 26.57 million shares crossing respectively.
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