KL shares bearish at midday

KUALA LUMPUR: Share prices on Bursa Malaysia ended the morning session in negative territory on sustained selling pressure, mostly seen in the plantation sector, dealers said.

At 12:30 pm, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) index fell 2.32 points to 1,848.41, after hovering between 1,846.5 and 1,852.29.

Kuala Lumpur Kepong and United Plantations emerged as the top two losers as at midday break, falling 56 sen and 20 sen each to RM24.36 and RM24.70, respectively.

Meanwhile, a dealer said most of the regional bourses performance were positive, taking the cue from higher Wall Street on Friday and a recovery in metal price