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.
USA Rare Earth (USAR) ▲ +11–20% What happened Reports say the US government plans to inject US$1.6bn for a 10% equity stake , alongside debt financing. This would directly support domestic rare-earth supply chains , a strategic priority. Market read This is state-backed optionality , not just a capital raise. Re-rates USAR from “speculative miner” to strategic asset . Investor takeaway Momentum-driven upside remains, but volatility will be high. Watch for deal confirmation, governance terms, and dilution details . CoreWeave (CRWV) ▲ +8–9% What happened Nvidia to invest US$2bn , expanding an already tight partnership. Market read Reinforces CoreWeave as a key AI infrastructure lever , not just a GPU renter. Nvidia endorsement matters more than near-term valuation concerns. Investor takeaway Still a high-beta AI infra play . Valuation risk remains, but sentiment stays strong while Nvidia demand holds. Micron Technology ...