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.
Key Takeaways TSMC plans 3nm chip production in Japan , upgrading from earlier 7nm plans Investment may rise to ¥2.6 trillion , strengthening Kumamoto as a chip hub Political boost for PM Sanae Takaichi ahead of a snap election Supports AI demand and global supply-chain diversification Taiwan Semiconductor Manufacturing Co. is planning to produce advanced 3-nanometre chips in Japan , a significant upgrade from earlier plans and a political win for Prime Minister Sanae Takaichi as she pushes to rebuild the country’s semiconductor base. The world’s largest contract chipmaker intends to deploy cutting-edge technology at its second wafer fabrication plant in Kumamoto , according to people familiar with the matter. That would mark a step up from the initial roadmap to manufacture 7nm chips by late 2027 . To support the expansion, TSMC is expected to raise its total investment in the project to ¥2.6 trillion (US$17 billion) , Japanese medi...