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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.

Singapore’s Exports Rebound After Months of Decline

Singapore’s non-oil domestic exports (NODX) posted a surprise rebound in September, rising  6.9% year-on-year  after two straight months of contraction, even as looming U.S. tariffs threaten key sectors of the economy. The figure sharply beat economists’ expectations of a 2.0% decline and reversed from  August’s 11.5% drop , according to  Enterprise Singapore  on Friday. Electronics Lead the Recovery Shipments of  electronics  — a cornerstone of Singapore’s manufacturing and export base — surged  30.4% year-on-year , following a 6.5% fall in August. Non-electronics exports rose  0.4% , rebounding from a 13.3% contraction in the previous month. Key contributors included  non-monetary gold  and  specialized machinery , which climbed  82.7%  and  14.1% respectively. Mixed Performance Across Key Markets Exports to  Hong Kong, Taiwan, and China  increased in September, while shipments to the  U.S., EU, ...