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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.

What to Expect This Week: Mag 7 Earnings, Coinbase Results, Fed Meeting and US-China Trade Talks

The coming week is packed with market-moving events as Wall Street watches earnings from major tech players, the Federal Reserve's policy meeting, and renewed U.S.-China trade negotiations. Key Earnings to Watch: Meta Platforms (META)  – Expected to post its slowest sales growth in two years. AI-enhanced ad targeting supports revenue, but margins may face pressure from heavy AI investments. Microsoft (MSFT)  – Projected 14% revenue growth driven by cloud and AI. Investors are keen to see if Azure can sustain near 30% growth amid a recent cyberattack. Apple (AAPL)  – Analysts expect Greater China sales to rebound after two years, boosted by promotions. Services revenue is forecast to notch an eighth straight quarter of double-digit growth. Concerns remain over iPhone demand amid tariff headwinds and AI delays. Amazon (AMZN)  – Retail remains resilient under tariff pressure. Cloud revenue is expected to grow over 5% sequentially, with continued investment in AI and aut...