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.
Key Takeaway Keppel DC Reit will acquire Keppel’s remaining stake in two hyperscale data centres in Singapore for S$8.4M , strengthening its portfolio amid surging AI-driven demand for computing infrastructure. Deal Details Acquirer : Keppel DC Reit (AJBU.SG) Seller : Keppel (BN4.SG) Asset : Remaining stake in Memphis 1 entity (manages two AI-ready hyperscale data centres) Deal Value : Up to S$8.4M Impact : Grants Keppel DC Reit full ownership of the facilities Industry Context AI Boom : Hyperscale and gigawatt-scale facilities increasingly needed to handle AI workloads. AI queries consume ~10x more power than a standard Google search. Singapore Advantage : Strategic hub with 26 subsea cables and 3 landing stations. Positioned for low-latency, mission-critical applications (finance, AI inference). Over S$10B expected investment into subsea cable infrastructure in next decade. Market Snapshot (Sept 4, 09:03) STI : 4,298.42 (+0.21%) Advancers/Decliners ...