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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.

Tesla, Intel, Deckers, Centene Lead Market Movers as S&P 500 Extends Record Run

U.S. stocks rose modestly on Friday, with the S&P 500 marking its fourth straight record close. Several individual names stood out as earnings and corporate actions drove large swings. Intel (INTC.US) Shares slid  8.9%  despite beating revenue expectations with  $12.9 billion  in Q2 sales. The chipmaker posted an adjusted loss of  10 cents per share , missing estimates of a 1-cent profit, weighed down by restructuring charges. Intel also forecast Q3 revenue between  $12.6–$13.6 billion  and confirmed it has completed most of the planned  15% workforce reduction . Deckers Outdoor (DECK.US) Deckers surged  14%  after fiscal Q1 earnings and revenue both topped forecasts. Revenue rose  17%  to  $964.5 million , beating expectations of $900 million. Hoka brand sales soared  20% , while UGG climbed  19% , both ahead of estimates. Centene (CNC.US) Centene gained  3.1%  despite reporting a surprise adjusted...