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.
The unstoppable ascent of the U.S. tech giants is once again stirring debate — are investors witnessing a new era of sustainable growth, or the quiet inflation of another speculative bubble? On October 20, 2025 , Apple (AAPL) surged nearly 4% , hitting its first record high since December 2024 and reclaiming the No. 2 spot in U.S. market capitalization at US$3.89 trillion , behind Nvidia (NVDA) at US$4.4 trillion . The catalyst: strong iPhone 17 sales , up 14% year-on-year in the first 10 days after launch, igniting hopes of a multi-year replacement cycle. Historically, Apple’s momentum after breaking new highs has proven durable — shares rose in 10 of 11 such cases over the past four decades, with a median gain of 32% one year later. Valuations: Elevated but Not Excessive According to Bloomberg data, most of the “ Magnificent 8 ” — Nvidia, Microsoft, Amazon, Alphabet, and Meta — now trade be...