KUALA LUMPUR, June 24 (Bernama) -- Bursa Malaysia finished higher on Wednesday as bargain-hunting activities emerged following recent pullback in the market, analysts said. At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) increased 0.13 per cent, or 2.21 points, to 1,682.13 from Tuesday’s close of 1,679.92. The index opened 2.11 points better at 1,682.03 and moved between 1,680.49 and 1,690.66 throughout the trading session. Market breadth was positive with gainers outpacing decliners 518 to 483, while 564 counters were unchanged, 1,175 untraded and 41 suspended. Turnover shrank to 2.76 billion units valued at RM2.42 billion against 3.35 billion units worth RM3.12 billion on Tuesday.
Japanese equities are facing mounting pressure as foreign investors accelerate selling , reflecting rising concerns over the economic fallout from escalating geopolitical tensions. Heavy Foreign Outflows Signal Growing Caution Overseas investors sold a net ¥1.51 trillion (US$9.5 billion) worth of Japanese equities in the week ended March 27, according to data from the Japan Exchange Group. This marks the largest weekly outflow since September 2024 and the third consecutive week of net selling , reversing earlier strong inflows. The selloff highlights a sharp shift in sentiment as investors reassess exposure to Asia amid rising global uncertainty. Sharp Market Correction After Strong Start Japan’s equity market has seen a rapid reversal: Both the Topix and Nikkei 225 fell over 11% in March , marking the worst monthly performance since 2008 The Nikkei 225 has underperformed US markets by ~6 percentage points ...