The Malaysia stock market ended a two-day winning streak, with the KLCI barely lower on Thursday. The index closed at 1,578.15 after trading between 1,575.99 and 1,581.89. Global markets are soft on concerns about the American economy. The Dow fell 0.48%, the NASDAQ ended 0.03% lower, and the S&P 500 sank 0.32%. Traders initially reacted positively to weaker than expected U.S. job growth data. Crude oil prices dropped 2.58% to $61.84 per barrel ahead of OPEC’s decision to boost output. Markets are expected to open lower on Monday.
Read more at Nasdaq: Continued Consolidation Tipped For Malaysia Stock Market
