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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.

Salesforce to Invest US$1 Billion in Singapore to Boost AI and Product Growth

Salesforce Inc.  has announced plans to invest  US$1 billion  (RM4.43 billion) in  Singapore  over the next  five years , continuing its commitment to  Southeast Asia . The investment will focus on expanding its products, particularly its new  artificial intelligence (AI) platform . Key Highlights: AI Expansion : The investment will help expand products like  Agentforce , Salesforce’s AI-driven platform designed to handle tasks like  customer service  without human intervention. Launched in October, Agentforce has already been adopted by customers like  Singapore Airlines Ltd. Singapore as an AI Hub : Salesforce has had a presence in Singapore for nearly two decades and is using the city as a base for its  AI research hub . The company views Singapore as a key player in the global  AI and robotics landscape, with  CEO Marc Benioff  stating that Singapore is poised to  lead in the AI revolution . Competi...