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.
Airline stocks have been soaring this earnings season, with investors watching closely as Southwest (LUV) and American Airlines (AAL) report. These results will be key to confirming whether the airline sector's comeback has real lift—or is just turbulence ahead. Sector Overview: The U.S. Global Jets ETF is up ~10% in July , showing renewed optimism. Still, airline stocks lag the broader S&P 500 , which is up 7% YTD . Delta (DAL) and United (UAL) already delivered strong earnings , boosting confidence. Now, all eyes are on LUV and AAL to validate the recovery narrative . Southwest Airlines (LUV) Stock YTD: +10% in 2025 Q2 Earnings: EPS: $0.43 (missed estimate of $0.51) Revenue: $7.2B (slightly below $7.3B est.) Key Change: Charging for checked baggage (a historic shift after 54 years) May cause market share loss in some cities Expected to...