BURSA Malaysia closed marginally lower for the third consecutive day Thursday, dragged by persistent selling across the board over rising concerns over the global market outlook, an analyst said.
At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) declined by 4.66 points or 0.32% to 1,424.89 from yesterday’s closing of 1,429.55.
The barometer index opened 1.77 points higher at 1,431.32, and moved in a downtrend mode to as low as 1,416.67 during the midday session.
Market breadth was negative as decliners thumped gainers 450 to 321, while 430 counters were unchanged, 1,015 untraded and 12 others suspended. — April 6, 2023
