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.
Key Takeaways China designates 2025–2027 as a critical window for accelerating AI adoption. Policy priorities focus on six areas: science & technology, industry, consumption, public welfare, governance, and global cooperation . Milestone targets: 70% AI penetration by 2027 , 90% by 2030, and a fully intelligent economy by 2035. Government to deploy policy tools, financial support, and institutional reforms to drive progress. Resource allocation includes computing power optimisation, shared platforms, and AI product adoption to reduce R&D costs. Policy Direction The National Development and Reform Commission (NDRC) published new guidelines under the “AI Plus” initiative , signalling Beijing’s push to transform the digital economy into a smart, AI-driven economy . Director Huo Fupeng stressed that the next one to two years mark a decisive period for deployment, requiring mobilisation of resources from government, i...