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KLCI pares gains as investors turn cautious on muted regional trade

KUALA LUMPUR (Feb 10): The main index at Bursa Malaysia pared some of its gains at mid-morning today as investors turned cautious amid muted trading at regional markets. Local investors are also awaiting the fourth quarter 2020 gross domestic product (GDP) data to be released by Bank Negara Malaysia on Feb 11. At 10am, the FBM KLCI was up 1.3 points at 1,587.43. The index had earlier risen to a high of 1,592.27. Losers overtook gainers by 503 to 317, while 398 counters traded unchanged. Trading volume was 1.41 billion shares valued at RM853.51 million. The gainers included Widetech (M) Bhd, PPB Group Bhd, Malaysia Airports Holdings Bhd, RCE Capital Bhd and Ann Joo Resources Bhd.

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