Stocks on Bursa Malaysia closed sharply lower yesterday, reflecting the gloomy sentiment in regional markets that remained concerned with the unresolved Euro-zone debt crisis. The bearish statement made by China’s vice-premier, Wang Qishan, that the global economic outlook remained grim and of an impending global recession also affected the market. The FBM KLCI fell 20.32 points or 1.40% to 1,434.08 after opening 2.64 points lower at 1,451.76. Decliners led advancers by 661 to 176 while 194 counters were unchanged. Total volume decreased to 1.416 billion shares worth RM1.161 billion from 1.462 billion shares worth RM1.196 billion last Friday.