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.
As 2024 draws to a close, the financial world reflects on a year of unprecedented market activity and transformative global events. The U.S. stock market soared for a second consecutive bullish year, while Bitcoin and Nvidia dominated headlines with record-breaking performances. Meanwhile, shifts in macroeconomic policies and geopolitical tensions shaped asset class movements globally. Here are the defining moments of 2024: Trump and Musk’s Influence on Markets The U.S. election, heralding Donald Trump’s return to the presidency, was the year’s most impactful financial event . Trump's victory fueled market volatility and unprecedented gains in Trump-affiliated stocks, including Trump Media & Technology and Tesla , the latter skyrocketing over 75% post-election . With Elon Musk appointed to head the “Department of Government Efficiency,” his influence extended beyond technology, reshaping U.S. policies on energy and infrastructure. Bitcoin’s Meteoric Ris...