KUALA LUMPUR, May 20 (Bernama) -- Bursa Malaysia ended lower on Wednesday, as weakening global risk sentiment weighed on investor confidence, an economist said. At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) eased 9.58 points, or 0.56 per cent, to 1,717.69, from Tuesday’s close of 1,727.27. The benchmark index, which opened 0.33 of-a-point lower at 1,726.94, traded between 1,716.47 and 1,727.50 throughout the session. Market breadth was negative, with losers outpacing gainers 840 to 366, while 518 counters were unchanged, 993 untraded and 15 suspended. Turnover rose to 4.15 billion units worth RM4.29 billion, compared with 3.36 billion units worth RM3.24 billion on Tuesday.
Singapore has emerged as Southeast Asia’s largest stock market , overtaking Indonesia, as investors increasingly favour stability and policy certainty amid global volatility. Singapore Gains on Stability and Capital Inflows Singapore’s total market capitalisation reached US$645 billion , surpassing Indonesia’s US$618 billion , which has declined sharply from its earlier peak. The outperformance reflects: Strong economic and political stability Government-led efforts to revitalise the equity market A resilient Singapore dollar attracting foreign capital The Straits Times Index has climbed to record highs, benefiting from safe-haven inflows during geopolitical uncertainty . Indonesia Hit by Outflows and Policy Concerns Indonesia’s market has faced significant headwinds: More than 30% decline in market capitalisation Over US$360 billion in equity sell-off this year Foreign outflows exceeding US$4 billion Investor...