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.
Tesla (TSLA.US): Riding High on FSD Hype Stock Movement : Tesla's stock surged 3% in Monday's trading session. Options Activity : Most Traded Calls : $360 strike price expiring Dec. 6 , with: Volume : 122,601 contracts . Open Interest : 44,139 contracts . Investors are enthusiastic about Tesla’s Full Self-Driving (FSD) update, which is seen as a significant step toward CEO Elon Musk’s Robotaxi vision . Analyst Update Stifel Analyst Stephen Gengaro : Raised Tesla’s stock price target, now the highest on Wall Street , citing FSD's AI-driven potential . FSD is expected to play a pivotal role in Tesla’s long-term growth narrative. Legal Developments Elon Musk’s Pay Package : A Delaware judge reaffirmed that Tesla must rescind Musk’s multibillion-dollar pay package , rejecting an appeal from Musk’s attorneys. Unusual Options Activity: Super Micro Computer (SMCI.US) Puts Activity : $42 strike puts topped volume-to-open-interest rankings with: Volume/Interest Ratio : 165.5x ....