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.
New Trade Era Begins! Indonesia has agreed to eliminate tariffs on over 99% of US goods and remove all non-tariff barriers , giving American businesses—from farmers to automakers— unprecedented market access . In return , the US will reduce tariffs on Indonesian imports to 19% (from 32%) , aligning with deals recently reached with the Philippines and Vietnam. 🔍 What’s in the Deal: No tariffs on internet data flows Indonesia to accept US vehicle safety standards Pre-shipment inspections on US agri goods removed Export restrictions lifted on industrial & critical minerals Local content rules for exports to US scrapped Easier entry for remanufactured US goods Indonesia to join Global Forum on Steel Excess Capacity Why it matters : With Indonesia's growing population (280 million+) and economic power, this deal is set to reshape Southeast Asia–US trade , boost US exports, and strengthe...