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.
Quick Summary Trump convenes Amazon, Google, Meta, Microsoft and others Firms to pledge covering electricity costs for AI data centres Move aims to prevent higher consumer power bills Pledge is non-binding , critics call it “toothless” Big Tech Called to the White House US President Donald Trump will host technology executives on March 4 to sign pledges committing their firms to fund electricity supply for energy-intensive AI data centres. Expected attendees include: Amazon Alphabet Meta Platforms Microsoft xAI Oracle OpenAI Key point: Tech firms will be asked to build, buy or secure their own power supply for new AI facilities. Why This Matters AI data centres: Consume massive amounts of electricity Increase strain on power grids Contribute to rising electricity prices US electricity prices have climbed 6% year-on-year , reaching 17.24 cents per kWh in December . With mid-term elections approaching, Trump faces mounting political pressure over ...