KUALA LUMPUR: The FBM KLCI ended the morning slightly softer following a session of volatile trading.
The domestic market came at adds with key Asian markets, which advanced on Beijing's surprise key interest rate cut, leading to speculation over further stimulus measures.
China's central bank cut rates on seven-day reverse repurchase agreements by five basis points to 2.5%, which nudged the yuan higher while lowering bond yields.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!