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.
NuScale Power (SMR) has seen its stock surge nearly 400% in the past year as investors bet on small modular reactors (SMRs) to power the next wave of clean energy and meet AI-driven electricity demand. Backed by nearly $1 billion in U.S. federal funding , NuScale is currently the only U.S. company with an NRC-approved SMR design, making it a frontrunner in what could be a transformative energy shift. Why NuScale Is in the Spotlight Regulatory Lead: The company’s 77MW reactor design has been approved by U.S. regulators, giving it a head start over rivals still navigating the licensing maze. Federal Support: The Department of Energy has already provided $575 million in funding, and NuScale is well-positioned to win part of the DOE’s new $900 million SMR program . AI & Clean Energy Demand: Data centers driving the AI boom are hungry for clean, stable electricity, making nuclear an increasingly attractive solution. Financial Reality ...