The FTSE Bursa Malaysia KLCI (FBM KLCI) tumbled to its lowest levels in three months, according to a report by business weekly The Edge today.

The report said this followed renewed concerns over the national debt after Prime Minister Dr Mahathir Mohamad and Finance Minister Lim Guan Eng said it had reached RM1 trillion.

The FBM KLCI fell by 1.6 percent or 28.67 points to 1,816.36 as of 12.30pm today.

“Losers thumped gainers by 516 to 97 while 568 counters traded unchanged. Volume was 1.42 billion shares, valued at RM1.25 billion,” the report said.

The report also quoted Reuters as saying that Asian shares were mostly weak today as investors were cautious after US President Donald Trump tempered optimism over the progress made so far in trade talks between the US and China.

Earlier today, Bernama quoted dealers saying that Bursa Malaysia’s performance is in line with most regional peers.

Yesterday, Bloomberg reported that foreign stock flows into Malaysia had turned negative for the first time this year.

“As of May 21, foreign outflows from stocks stood at US$21.2 million, after overseas investors sold a total of US$949 million worth of stocks in 11 straight days. The nation had recorded inflows of as much as US$2.4 billion in 2017,” the report said.

However, the report said local funds and retail investors had bought up RM2.5 billion worth of equities as foreigners exit.