Bursa Malaysia closed marginally lower for the third consecutive day on Thursday (April 6), dragged by persistent selling across the board due to rising concerns over the global market outlook, an analyst said.
At 5pm, the FBM KLCI had declined by 4.66 points or 0.33% to 1,424.89, from Wednesday’s closing at 1,429.55. The barometer index opened 1.77 points higher at 1,431.32, which was also its intraday high, and then moved downwards to as low as 1,416.67.
Market breadth was negative, as decliners thumped gainers 450 to 321, while 430 counters were unchanged, 1,015 untraded, and 12 others suspended.