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Market Daily Report: Bursa Malaysia Ends Nearly Flat As Construction Stocks Attract Buying

 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.

GameStop Eyes Bitcoin Investment, Fueling Meme Stock Rally Once More

GameStop Corp. (GME) surged over 7% in after-hours trading  amid reports that the  meme-stock pioneer is considering a Bitcoin investment , potentially marking a new chapter for the retailer in the booming cryptocurrency market. 📰 Key Highlights 🔹  GameStop is exploring investments in Bitcoin and other cryptocurrencies , according to sources cited by CNBC. 🔹 The stock initially jumped  16% in extended trading  before settling at a  7% gain . 🔹 Speculation intensified after  CEO Ryan Cohen posted a photo with Bitcoin advocate Michael Saylor  (Strategy’s Executive Chair) on social media earlier this week. 💬  GameStop has not officially commented  on the reported plans, but the market response underscores investor excitement. 💰 Why Bitcoin? 🔹  Crypto adoption is accelerating , especially with the  pro-crypto Trump administration . 🔹  Coinbase and Robinhood  recently posted  strong earnings fueled by crypto t...