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.
Malaysia Eyes AI Dominance by 2030 The government unveiled a bold National AI Action Plan (2026–2030) aiming to crown Malaysia as Southeast Asia’s AI hub . 🔹 800,000 Malaysians to be trained under “AI for My Future” (w/ Microsoft) 🔹 445,000 civil servants to be upskilled through AI@Work (w/ Google) 🔹 Upcoming AI legislation to balance innovation with governance Why it matters: Malaysia is going big on digital, and this sets the tone for AI infrastructure, talent, and investment in the years ahead. 2. BNM to Hold Rates Until Mid-2026 CIMB analysts expect the OPR to remain at 2.75% through 1H 2026 after July's surprise rate cut. BNM is playing it safe amid global uncertainty and looming U.S. tariffs. USD/MYR : 4.2355 (-0.25%) 3. SUNCON Under Probe – But No Red Flags MACC is investigating a SUNCON staff over subcontractor-related graft. Company clarifies it’s unrelated to procurement & h...