KUALA LUMPUR: Bursa Malaysia ended the morning session on a negative note as it succumbed to selling pressure ahead of the US Federal Reserve rate decision.

At 12.30pm, the benchmark FBM KLCI was down 2.76 points to 1,610.02, putting the market on track to a fifth straight session of losses.

The market had opened 6.36 points higher at 1,619.14, but the rebound quickly lost steam as investors were quick to cash in. Over the course of the early session, the index was traded within a 14-point band between 1,606.57 and 1,620.73.

The negative mood pervaded the broader market with 536 decliners compared to 337 gainers. Volume stood at 1.94 billion shares worth RM1.12bil.

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