Stocks on Bursa Malaysia finished broadly lower yesterday in tandem with other regional markets, which also witnessed earlier gains wiped off in a knee-jerk reaction after Moody's cut Japan's credit rating. The market fell abruptly as investors realised that the downgrade will have a negative effect on the rest of Asia. The FBM KLCI dipped 13.22 points, or 0.89%, to 1,469.15, way off the day's high of 1,487.27, which was spurred by overnight gains on Wall Street on speculation of a stimulus plan to boost the US' faltering growth. Decliners outnumbered advancers by 528 to 209 while 924 counters were unchanged. A total of 892.35 million shares worth RM1.86 billion were traded yesterday, up from 875.52 million shares valued at RM1.76 billion traded on Tuesday.