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.
Helen Wong, the CEO of OCBC, received a slight pay increase for FY2024, amounting to S$12.8 million, compared to S$12.1 million in FY2023. This increase of 5.7% comes after Wong led the bank to another record-breaking year of earnings. Her FY2024 compensation package includes a base salary of S$1.2 million, with the remainder coming from bonuses and other performance-based incentives. The increase reflects her leadership in achieving strong financial results for the bank.