Bursa Malaysia closed broadly lower on Thursday, with 852 stocks falling against 294 gainers, as hotter-than-expected US inflation raised concerns that the Federal Reserve could raise rates further or keep them high for longer. The FBM KLCI fell 4.02 points, or 0.25%, to 1,623.70, on turnover of 3.06 billion shares worth RM3.03 billion. Regional markets also slumped: MSCI's Asia ex-Japan index dropped 3.5%, Japan's Nikkei 225 fell 4.9%, and South Korea's Kospi tumbled 7.6% to 5,554.22, its seventh straight losing session. China's CSI300 and Shanghai Composite both closed at their lowest levels since August 2025. In the previous session, foreign investors sold a net RM85 million and retail investors RM1 million, while local institutions bought a net RM104 million.
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