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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.

Malaysia Morning Wrap | CelcomDigi Faces RM72.6 Million Lawsuit from IMMA Technology

  Global Market Recap Wall Street at Record Highs as Tech Stocks Rally The S&P 500 and Nasdaq Composite extended gains to new all-time highs overnight, led by strong performances in  AMD  and  Tesla . The $S&P 500 Index (.SPX.US)$ rose  0.36%  to  6,740.28 , while the $Nasdaq Composite (.IXIC.US)$ climbed  0.71%  to  22,941.67 . $Advanced Micro Devices (AMD.US)$ surged  23.7%  following a landmark multi-year AI chip supply deal with  OpenAI , expected to generate tens of billions in revenue. $Tesla (TSLA.US)$ gained  5.5%  amid renewed speculation about an upcoming model launch. Meanwhile,  gold prices hit a new record , touching  US$3,994.50/oz , as investors sought safe-haven assets amid the prolonged US government shutdown.  Bitcoin  also set a fresh high above  US$126,000 , with inflows into crypto ETFs accelerating. The $Dow Jones Industrial Average (.DJI.US)$ edged down...