Stocks on Bursa Malaysia closed lower yesterday dampened by selling in small caps. The local stock market took cue from the weaker regional bourses as renewed concerns in Europe wiped out investors risk appetite. At close, the benchmark FBMKLCI declined 1.58 points or 0.09% to 1,766.83 after moving between 1,753.95 and 1,770.52 throughout the day. Losers outpaced gainers by 402 to 382, while 304 were unchanged. Total volume rose to 1.6 billion units worth RM1.6 billion from 1.3 billion units worth RM1.3 billion on Monday.