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.
Nvidia Corp clarified its position in response to a Bloomberg News report regarding an antitrust investigation by the US Department of Justice (DOJ), stating that it has not been formally subpoenaed. Key Points: No Formal Subpoena : Nvidia confirmed that while it is in contact with the DOJ, it has not received a subpoena. The DOJ commonly issues requests for information via a "civil investigative demand," which functions similarly to a subpoena. A request for information was sent to Nvidia concerning its acquisition of RunAI and its chip business. Nvidia's Stance : The company maintains that its market dominance in AI computing is due to the superiority of its products. Nvidia stated, "We have inquired with the DOJ and have not been subpoenaed. Nonetheless, we are happy to answer any questions regulators may have about our business." DOJ's Concerns and Ongoing Investigation : The investigation, led by the DOJ's San Francisco office, focuses on whether Nv...