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.
A recent major power outage across Klang Valley and Johor has reignited debate about Malaysia’s energy infrastructure resilience, with analysts at CGS International emphasizing that the incident underscores — not undermines — the case for a new power sector capex cycle . Power Disruption Signals Systemic Stress CGS noted that the blackout, which originated from the Edra Melaka CCGT plant and was compounded by an unplanned outage at the 1,000MW Tanjung Bin Energy coal plant , exposed vulnerabilities in Malaysia’s power grid. Together, both plants account for around 13% of Peninsular Malaysia’s total installed generation capacity , highlighting a tight reserve margin and growing system stress. With electricity demand surging — driven by foreign direct investments (FDI) into electronics, electrical manufacturing , and data centres — Malaysia’s grid is increasi...