The Malaysia stock market slipped 0.5 percent, with the Kuala Lumpur Composite Index hovering just above 1,670 points. Global markets are stagnant ahead of U.S. unemployment data. KLCI closed 0.38 percent lower on Wednesday, with mixed performances from financial, plantation, and telecom stocks.

On Wall Street, the Dow gained 0.09 percent, NASDAQ lost 0.30 percent, and S&P 500 dipped 0.16 percent. Markets are uncertain due to recent volatility and economic outlook concerns. Oil prices fell to a nine-month low at $69.20 a barrel. Malaysia’s central bank is expected to maintain its benchmark lending rate at 3.00 percent after its monetary policy meeting.

Read more at Nasdaq: Malaysia Bourse May Remain Stuck In Neutral