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.
DBS is stepping up its commitment to Asia’s energy transition with a S$273 million financing deal, even as markets remain cautious amid inflation concerns and sector rotation. While Wall Street shows a shift away from tech into traditional sectors, Singapore equities opened slightly weaker. Capital is moving cautiously but long-term investment in energy transition is accelerating. What’s Really Happening Markets are sending mixed signals: US markets diverging Dow hitting record highs (driven by industrials & healthcare) Nasdaq and S&P 500 under pressure (tech weakness) Inflation still a concern PCE at 4.1% → keeps rate outlook tight Reduces chances of near-term rate cuts Singapore market cautious STI slightly lower More decliners than advancers At the same time, structural investment continues: DBS commits S$273m to fund renewable energy, grid upgrades, and storage Part of broader push into Asia’s long-term decarbonisation theme Why? This reflects a growing disconnec...