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.
Billionaire Elon Musk’s newly launched America Party is shaping up to be more than just political noise—it could become Donald Trump’s biggest 2026 midterm disruption. While still in its early days, the America Party is making waves with bold anti-establishment messaging, a tech-driven war chest, and a promise to represent the “80% in the middle.” Here are 8 reasons why Trump’s team should be paying close attention: 1. Musk Could Split the Right By appealing to disenchanted conservatives, centrists, and independents, Musk risks pulling voters from the GOP in key swing districts. A third-party contender doesn’t have to win—just take enough votes to cost Republicans the margin. 2. He’s Loaded—And Ready to Spend With a $361 billion fortune and US$239 million already spent via America PAC in 2024, Musk plans to bankroll challengers to pro-Trump Republicans. His target? Those who supported a controversial bill that added up to $5 trillion to national debt. 3. X Marks the Spotlight As the ow...