KUALA LUMPUR, Sept 8 (Bernama) -- Bursa Malaysia closed almost flat on Tuesday as buying interest rotated away from index heavyweights towards smaller-cap construction stocks, with sentiment affected by geopolitical uncertainty, said an analyst. At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) eased 0.39 of a point to 1,714.40 from Monday’s close of 1,714.79. The benchmark index opened 1.65 points lower at 1,713.14 and moved between 1,710.44 and 1,714.50 throughout the trading session. The broader market was almost evenly balanced, with decliners leading gainers 548 to 546, while 598 counters were unchanged, 1,107 were untraded and 25 were suspended. Turnover expanded to 4.13 billion units valued at RM3.14 billion from 3.60 billion units valued at RM2.45 billion on Monday.
FBM KLCI open higher today by 2.57 points or 0.16% to 1,648.79 as at 9.17am.
The market saw a relatively low volume of about 81.3 million shares changed hands at the time of writing, most likely due to a shorter trading days in the country with the Raya Holiday.
Air Asia X was the most actively traded counter and it has risen by 2.63% to 39 sen with 9.1 million shares being traded.
Dutch Lady was the top gainer so far with the milk counter risen by 50 sen to RM58.98 with a volume of 100.
Heineken was at the other end of the table, leading the decliner for the day so far with a loss of 22 sen or 1.42% to RM15.24.
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