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.
In a move that could reshape the global financial landscape, the UK and Singapore have entered a strategic collaboration on artificial intelligence (AI) and tokenized finance , with direct implications for financial institutions, fintech firms, and technology investors. The agreement—formalized during the 10th UK-Singapore Financial Dialogue —brings together the UK Financial Conduct Authority (FCA) and Monetary Authority of Singapore (MAS) , reinforcing their mutual commitment to advancing next-generation finance infrastructure through Project Guardian and Global Layer One (GL1) . Why Investors Should Take Note This pact signals a regulatory green light on two major innovation pillars: Tokenization of Real-World Assets (RWAs) Scaled deployment of AI in financial services Both trends are already drawing capital, but this cross-border commitment could accelerate adoption, particularly among institutional investors and capital market operator...