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.
European car sales remained flat in October, halting a two-month decline, while electric and hybrid vehicles continued to expand their market share, according to industry data released Thursday. A 7.2% increase in Spain and a 6% rise in Germany offset declines in France, Italy, and Britain , the European Automobile Manufacturers Association (ACEA) reported. Key Highlights New vehicle registrations in the EU, Britain, and EFTA rose by 0.1% year-on-year to 1.04 million. Sales of fully electric cars (BEVs) increased by 6.9% , marking their second consecutive monthly rise. Hybrid car sales (HEVs) grew significantly, climbing 15.8% . Electrified vehicles — BEVs, HEVs, and plug-in hybrids (PHEVs) — made up 55.4% of passenger car registrations in October, up from 51.3% in the previous year. Brand Performance Registrations rose 12.6% at Volkswagen , while Stellantis fell 16.7% and Renault dropped 0.4%. Tesla sales plunged 23.1%, and China's SAIC Motor saw a 10% decrease. Market C...