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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.

Nvidia CEO Partners with Mukesh Ambani to Build AI Hub in India with Blackwell Chips

  Nvidia CEO Jensen Huang has joined forces with Mukesh Ambani , Asia's richest man, to build artificial intelligence (AI) infrastructure in India , aiming to accelerate the country’s adoption of the transformative technology. The partnership was announced at Nvidia's AI summit in Mumbai , where the two executives revealed plans to leverage Nvidia's Blackwell chips in a major data center project spearheaded by Reliance Industries Ltd . The new 1-gigawatt data center in Gujarat will be among the first to deploy Nvidia's Blackwell chips, highlighting India's potential as a growing AI hub. Huang emphasized that India, already known for exporting software, will soon become a key exporter of AI. Other notable collaborations announced include partnerships with Infosys , Tata Consultancy Services , Flipkart , and Tech Mahindra , signaling Nvidia's deepening engagement with Indian industries. India’s expanding digital economy is attracting global tech giants like Mi...