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Market Daily Report: Bursa Malaysia Ends Nearly Flat As Construction Stocks Attract Buying

 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.

Some Bali Flights Resume as Conditions Improve After Mount Lewotobi Laki-laki Eruptions

Key Takeaway: Several international airlines have resumed flights to Bali following multiple eruptions of Mount Lewotobi Laki-laki that disrupted travel and forced cancellations. International flights to Bali have gradually resumed after the Mount Lewotobi Laki-laki volcano erupted , sending ash up to 10km into the air and causing widespread flight disruptions. Over 160 flights were canceled between Nov 4 and Nov 13, with 91 cancellations on Wednesday alone, according to Ahmad Syaugi Shahab, general manager of Bali’s Ngurah Rai airport. Virgin Australia confirmed it has resumed all scheduled flights, while Jetstar and Qantas have restarted some flights as conditions improved. However, 41 flights remain canceled , affecting routes from Singapore, India, Qatar, and Australian cities. The eruption on Nov 3 killed nine people , damaged over 2,000 homes, and led to the evacuation of 13,000 residents. Indonesian Vice President Gibran Rakabuming Raka is visiting the affected areas to ass...