KUALA LUMPUR (Nikkei Markets) -- Malaysia's shares plunged Wednesday with the benchmark index sinking to the lowest in four months, while Singapore shares fell amid Asia-wide rout as geopolitical tension in the Korean peninsula resurfaced to haunt global investors.
The FBM KLCI fell 2.2% to 1804.25 with 26 out of 30 index stocks closing in the red, while the Straits Times Index declined 1.3% to 3496.27, its lowest in more than a month, with 28 out of 30 constituents posting losses. Both Singaporean dollar and Malaysian ringgit weakened against the U.S. dollar.