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.
Penang's tourism sector is set for a major uplift with the introduction of a new daily direct flight between Chennai, India, and Penang by IndiGo Airlines , starting Dec 21, 2024 . This move, announced by Penang State Tourism and Creative Economy Committee (Petace) chairman Wong Hon Wai , is expected to boost travel, business, and family visits , strengthening economic and cultural ties between India and Penang. Key Highlights Direct Connection : The Chennai-Penang route will be the only direct flight linking the two cities, offering a convenient travel option for passengers. Tickets Available Now : Travelers can book flights on IndiGo’s official website. Boost for Penang-India Ties Wong Hon Wai emphasized the strategic importance of this route, citing Chennai’s position as the fifth-largest city in India , with a population exceeding 12 million , as a key market for Penang. Strengthening Ties : Penang has significant economic and cultural connections with Tamil Nadu , especially...