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.
Asian markets look set for a cautiously upbeat day, as Wall Street holds firm near all-time highs. But behind the optimism, investors are watching closely as tariff tensions, Fed politics, and megacap earnings take center stage. U.S. Snapshot: S&P 500 Steady, AI Stocks in Focus S&P 500 : Flat overall, despite 400+ stocks rising . "Magnificent Seven" (including Apple, Microsoft, Nvidia) paused after a nine-day winning streak. These AI-driven tech giants are expected to deliver 14% earnings growth in Q2, while the rest of the S&P 500 shows flat growth , according to Bloomberg Intelligence. “Tech remains the engine,” says Lauren Goodwin of NY Life Investments. “But the AI story is still early in execution.” Asia Market Outlook Hong Kong & Sydney : Set to open higher. Tokyo : Slight dip expected as investors digest PM Ishiba’s election setback . Eyes are on Japan’s 40-year bond auction , testing demand amid fiscal concern...