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.
Trump’s 30% Tariff Threat Sparks Alarm in EU Agri-Food Sector France’s iconic wine and cheese exporters are ringing alarm bells over President Trump’s proposed 30% tariff on EU goods — calling it potentially "disastrous" for the country’s agriculture industry. Jean-François Loiseau, president of ANIA , warned that the new duties would hammer France’s food export competitiveness . “It’s a real shock for milk and cheese producers,” said François Xavier Huard, CEO of dairy association FNIL , who added, “This may not be temporary.” Why It Matters for Investors The US is a key market for premium French cheeses (Brie, yogurt, butter) and wines. France’s dairy sector exports nearly 50% of its production, including €350 million/year in dairy to the US. A 30% tariff could erode demand , especially with US consumers already stretched by inflation. French food exporters may lose competitiven...