Bursa Malaysia closed lower on Thursday (April 20) amid muted trading, as investors retreated to the sidelines ahead of the extended weekend Raya festive break, an analyst said.
At 5pm, the FBM KLCI had slipped 2.96 points, or 0.21% lower, to 1,422.11, from Wednesday’s close at 1,425.07.
The barometer index opened 3.57 points firmer at 1,428.64, its intraday day. It hit an intraday low of 1,418.82 before paring losses.
Market breadth was negative, as decliners surpassed gainers 446 to 358, while 404 counters were unchanged, 1,091 untraded, and 18 others suspended.
Turnover narrowed to 2.46 billion units valued at RM1.46 billion, from 3.14 billion units valued at RM1.76 billion on Wednesday.
