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 Insights : Increased Client Activity : Citi reports double-digit growth in client activity across ASEAN trade corridors , reflecting heightened interest in the region. Appealing Attributes of Southeast Asia : The region's stability , strategic geographic location , and talent pool make it an ideal destination for businesses diversifying supply chains. Multinationals are driven by the need to mitigate risks amid global geopolitical tensions , Citi's Jason Rekate , co-head of corporate banking, stated. Country-Specific Highlights : Indonesia : Emerges as a metals hotspot , catering to rising global demand for critical raw materials. Malaysia : Gains recognition for its supportive policies in developing industrial parks , fostering a conducive environment for manufacturing and investment. Vietnam : Establishes itself as a leader in tech manufacturing , making it a key player in global technology ...