Malaysia Market - Mid-Day Comments

12:30 Asian markets were mixed as worries of recession popped up again after 4 days of continuous advance. Japan was down by 1.42%, Hong Kong up 2.25% and Singapore down 0.85%.

KLCI was lingering at the lower zone for the whole morning and ended at 856.12 lost 11.15 points or 1.29%.

Market sentiment failed to recover with MSO fell from the starting point of -41.20 to -80.25. But, some nibbling should be seen at the afternoon session as prices were mostly pressed lower for many days.