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.
Analysts say Fitbit is in Good Shape and ready to sprint. According to research, Fitbit is outselling rival Apple Watch and the future for the wearable tech seems to be pretty bright. I myself own a Fitbit Flex and find it to be a good companion to help me keep track of my daily activities. You may find more about the review on the product here: Fitbit Flex [Review] With the news on Fitbit outselling Apple Watch and an expected increase in sales, Fitbit Inc. are surging more than 13% in Tuesday trading. The stock has jumped more than 50% since their debut on the stock exchange. Sources from Forbes website is saying that RBC Capital Markets are bullish of the company's prospect and this could just be the beginning and giving it a $45 per share price target and a rating of outperform. As of now, the counter is at $40.81 per share. Forbes website states that RBC analyst Mark Sue wrote in the research report: “Fitbit, with its strong brand...