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.
Elon Musk has endorsed former Congressman Ron Paul as a potential Federal Reserve Chair , advocating for a full audit of the Fed’s monetary policy decisions and foreign transactions , marking a bold step in Trump’s push for government transparency and efficiency. 🔹 Key Developments 🔹 Musk’s Department of Government Efficiency Service (DOGE) aims to shrink government operations, with Musk emphasizing that all government agencies, including the Fed, must be fully transparent . 🔹 Ron Paul calls for a detailed audit of the Fed , beyond its current financial reviews, to include: ✔️ Monetary policy decisions ✔️ Overseas transactions and bailouts ✔️ International banking activities 💬 Ron Paul: "I want to know the background of policy — why they do these things, and what all they are doing." 🏦 Fed Under Fire: What’s at Stake? 📌 Musk’s endorsement and Paul’s audit demand could shake the Fed’s long-standing independence. 📌...