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.
The White House has announced that all medium- and heavy-duty trucks imported into the U.S. will face a 25% tariff starting Nov 1 , marking a major escalation in President Donald Trump’s trade protection strategy aimed at supporting domestic manufacturers. The move — justified on national security grounds — targets imports of delivery trucks, buses, and semi-trailers from key trading partners including Mexico, Canada, Japan, Germany, and Finland , all of which are U.S. allies. Trump said the tariffs are designed to protect U.S. truckmakers such as Paccar’s Peterbilt and Kenworth as well as Daimler Truck’s Freightliner , which he described as “vital to America’s industrial strength.” Key Details Effective date: November 1, 2025 Tariff rate: 25% on all medium- and heavy-duty truck imports Top import sources: Mexico, Canada, Japan, Germany, Finland Affected firms: Stellantis (Ram), Daimler Truck, Volvo Group, Pac...