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.
GX Bank Bhd, Malaysia’s first digital bank, has achieved remarkable growth, reaching over 750,000 customers within just eight months of its launch. Since opening to the public in November last year, GX Bank has also facilitated the creation of more than 800,000 “savings pockets” by the end of July 2024. Key Milestones Rapid User Growth: GX Bank attracted 100,000 users within the first two weeks of its debut and has continued to expand its user base rapidly. The bank's success highlights the increasing preference for digital banking services among Malaysians. Transaction Volume: Customers have conducted over 13 million transactions through the GX Card and QR code, showcasing the bank's impact on Malaysia's digital financial landscape. GX Untuk Semua Initiative Launch and Objectives: The GX Untuk Semua initiative was launched as part of GX Bank’s RM1.5 billion investment strategy in Malaysia over the next five years. The initiative aims to nurture local tech talent, deve...