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.
Stock Performance CCK Consolidated Holdings Bhd (KL:CCK) fell over 10% to RM1.25 , its lowest level in nine months . Market capitalization now stands at RM819 million . Earnings Miss Triggers Sell-Off Q4 and full-year results failed to meet market expectations , sparking a sharp decline in investor confidence. Weaker-than-expected financial performance in its poultry farming operations likely contributed to the decline. Investor Sentiment & Market Reaction The sharp 15 sen drop reflects growing concerns over earnings pressure in the poultry industry . Investors are waiting for further details on what caused the earnings miss and whether CCK has strategic plans for recovery . Summary: CCK shares plunged over 10% to RM1.25, hitting a nine-month low. Q4 and full-year earnings missed expectations, triggering a sell-off. Investors are cautious as they await further updates on the company’s outlook.