Bursa Malaysia closed lower for the third consecutive day due to profit-taking activities, ahead of the Hari Raya Aidilfitri holidays, amid weaker regional market performances, an analyst said.
At 5pm on Wednesday (April 19), the FBM KLCI was 7.29 points or 0.51% lower at 1,425.07, from Tuesday’s close at 1,432.36.
The barometer index opened 0.79 of a point weaker at 1,431.57, its intraday high, and moved between 1,423.05 and 1,431.57 throughout the day.
Market breadth was broadly negative, as decliners outpaced gainers 597 to 265, while 374 counters were unchanged, 1,062 untraded, and 11 others suspended.
Turnover narrowed to 3.14 billion units valued at RM1.76 billion, from 3.17 billion units worth RM1.85 billion on Tuesday.
