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.
From AI megaprojects and oversubscribed rights issues to winding-up petitions and delistings, here's your quickfire roundup of Malaysia’s corporate movers: YTL Power’s RM10B AI Mega Move YTL Power International has made a massive RM10 billion investment into AI and data infrastructure , hosting top-tier GPU chips (including Nvidia’s ultra-fast GB200 Blackwell) in what it claims is one of the world’s largest data centre parks . The company is urging local firms to plug into its AI ecosystem to future-proof their growth. Investor Insight: YTL Power is aggressively positioning itself as Malaysia’s AI backbone. Watch this space. Binastra Wins RM405M Deal in Bukit Jalil Binastra Corp bagged another RM405 million residential contract from Exsim Jalil Link for a 1,004-unit project. Notably, this is a related party transaction , as its MD and ED hold stakes in Exsim. Timeline: 41 months from project start Project Name: The Queenswoodz...