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.
Gapping Up Deere (DE.US): +1.6% after surpassing Q4 earnings forecasts despite challenging market conditions. MicroStrategy (MSTR.US): +13% surge amid widespread gains in cryptocurrency-related stocks. Marathon Digital Holdings (MARA.US): +11% increase, riding the wave of the cryptocurrency sector's strong performance. Snowflake (SNOW.US): +23.3% spike after raising its annual product revenue outlook and announcing a collaboration with AI firm Anthropic to enhance cloud offerings. Novartis AG (NVS.US): +0.2% following improved growth projections, signaling confidence in future performance. Logitech International (LOGI.US): +1% after UBS upgraded its rating to ‘neutral’ from ‘sell’ , citing a stabilizing risk-reward outlook. Gapping Down NVIDIA (NVDA.US): -0.7% after a disappointing revenue forecast hinted at slower quarterly revenue growth, contrasting with its recent robust performance. Palo Alto Networks (PANW.US): -2.8% despite beating quarterly revenue and profit ex...