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 overnight trading, several major stocks swung sharply following earnings reports and deal news. Biggest Gainers Sarepta Therapeutics (SRPT) : +47% after regulators cleared it to resume shipments of its Duchenne muscular dystrophy treatment, Elevidys . Cadence Design Systems (CDNS) : +6% after beating Q2 earnings estimates. Norfolk Southern (NSC) : +3% as it nears a stock-and-cash deal with Union Pacific . Biggest Decliners Whirlpool (WHR) : -14% after Q2 earnings missed expectations, marking one of its steepest drops this year. Nucor (NUE) : -5% despite higher sales as Q2 profits slipped. Bitmine Immersion Technologies (BMNR) : -11.8% as Ethereum-related stocks extended losses. SharpLink Gaming (SBET) : -4% following broader weakness in gaming and crypto-linked names. Crypto Watch Ethereum (ETH) : Treasury-linked stocks continued to slide, signaling persistent investor caution in the...