KUALA LUMPUR: Malaysian stocks started the day on a flat note amid heightened cautiousness as fears over the spread of the Omicron variant of Covid-19 dragged on world markets.... While expert data has suggested the virus was not as deadly as the Delta variant, efforts to curb the spread of the disease ahead of the winter season is seeing European countries return to lockdowns, triggering fears of disruption to the economic recovery.... According to Malacca Securities Research, the decline cou

after subdued economic data from China dented market sentiment. The optimism quickly dwindled after a

, but the broader market remained weak with over 700 counters in the red. The 30-stock KLCI rose

financial services counters, amid the weak sentiment on regional bourses.At 12.30 pm, the benchmark

Recovery Plan.... However, financial heavyweights remained weak amid the negative sentiment over the

the market amid weak regional sentiment and an uncertain economic outlook.... The market has been

strengthen on cautious sentiment ahead of the US Federal Reserve’s two-day meeting, a dealer said

market sentiment remains week amid the ongoing results season.... " We believe the softer trading

line with regional markets.At 5pm, the benchmark index closed down 13.32 points, or 0.87% to

KUALA LUMPUR: The FBM KLCI ended the morning session in positive territory as investors picked up bargains following recent declines.At 12. 30pm, the benchmark index was up 5.06 points to 1, 601.85 while the market took on a positive market breadth of 510 gainers compared to 391 decliners. IHH Healthcare led the advance with a 10 sen jump to RM6.35 while Petronas Chemicals gained nine sen to RM9.94. Bank counters were also higher with Hong Leong Bank rising 14 sen to RM20.24, Maybank adding thre