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Market Daily Report: Bursa Malaysia Ends Nearly Flat As Construction Stocks Attract Buying

 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.
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Trump Shakes Up Sweeteners: ADM & Ingredion Dip as Coca-Cola Switches to Real Sugar

President Donald Trump just sent shockwaves through the sweetener market — and  investors in high-fructose corn syrup (HFCS) stocks felt the sting. In a  Truth Social post , Trump announced that  Coca-Cola (KO)  has agreed to  replace HFCS with real cane sugar  in U.S. products. The move, he claims, follows personal discussions with Coke. Market Reaction: ADM (Archer Daniels Midland) : ↓ 5.6% to $51.00 (after-hours) Ingredion (INGR) : ↓ 7.7% to $124.90 (after-hours) Coca-Cola (KO) : ↓ 0.13% (minor move) Why It Matters: Both  ADM and Ingredion  are major suppliers of  high-fructose corn syrup  — a core sweetener in U.S. soft drinks. If Coca-Cola shifts to cane sugar,  HFCS demand could take a hit , especially if other beverage giants follow suit. This policy-driven change could have  wide-reaching implications  for processed food and beverage makers reliant on corn-based sweeteners. MoneyMaster Take: Not just a Coke story :...
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ADM Announces Job Cuts in Grain Trading Division Amid Cost-Cutting Efforts

  Key Takeaways: Job Cuts in Grain Trading and Oilseed Division : Archer-Daniels-Midland (ADM), a major US grains merchant, has begun a  new wave of job cuts  in its grain trading and oilseed processing division. The layoffs are part of the company's broader cost-reduction strategy, though it’s unclear if these cuts are additional to the 700 job reductions announced in February. Cost-Cutting Strategy : In February, ADM revealed plans to cut  up to 700 jobs  globally, representing about  1.7% of its workforce , and reduce costs by  US$500 million to US$750 million  over the next three to five years. The company’s fourth-quarter adjusted profit had dropped to its  lowest level in six years , triggering the need for restructuring. Focus on the Grain Trading Unit : The job cuts are reportedly centered around ADM’s largest division, which manages the company’s  global crop trading ,  oilseed processing , and  agricultural services ....
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