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 Takeaway Megacap tech stocks powered Wall Street higher Wednesday, with Alphabet (+9.1%) and Apple (+3.8%) driving the Nasdaq to a 1% gain . The S&P 500 rose 0.5% , while the Dow ended flat as energy shares slumped. Bond yields eased after briefly spiking above 5%, giving equities a lift. Market Snapshot (Sept 3 Close) Nasdaq Composite (.IXIC) : +1.02% S&P 500 (.SPX) : +0.51% Dow Jones (.DJI) : –0.1% Alphabet (GOOG) : +9.01% | Apple (AAPL) : +3.81% | Dell: higher Energy Sector : –2.3%, worst performer in S&P 500 WTI Crude : –2.5% to US$63.97/bbl Gold Futures : Record close at US$3,593.20/oz 30Y Treasury Yield : Pulled back after topping 5% intraday Key Drivers Tech Boost : Alphabet avoided major antitrust penalties, keeping Chrome and Apple partnership. Apple gained on AI search plans. Bond Relief : Yields retreated after U.S. data showed higher layoffs and Fed officials flagged “downside risks” to jobs. Energy Drag : Oil stocks ...