KUALA LUMPUR, Sept 2 (Bernama) -- Bursa Malaysia ended higher on Wednesday on bargain hunting following the recent sell-off, ahead of Bank Negara Malaysia’s (BNM) overnight policy rate (OPR) decision on Thursday. At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) rose 8.20 points 1,708.74, compared with Tuesday’s close of 1,700.54. The benchmark index opened 0.42 of a point better at 1,700.96 and fluctuated between 1,695.89 and 1,709.71 throughout the day. On the broader market, losers trounced gainers 746 to 424, while 554 counters were unchanged, 1,048 untraded and 17 suspended. Turnover declined to 4.20 billion units valued at RM3.52 billion from 5.52 billion units valued at RM4.42 billion on Tuesday.
Simple Summary China’s grid investment hit a record high in 2025 and is set to keep rising through 2030, as Beijing moves to clear power transmission bottlenecks , support AI-driven electricity demand , and integrate massive renewable capacity. What’s Happening China’s electricity grid spending climbed 5% to 639.5 billion yuan in 2025, according to the China Electricity Council . This contrasts with slower investment in new power generation , where solar development has faced recent constraints. Who’s Driving the Spend China’s two dominant grid operators: State Grid Corp of China China Southern Power Grid Co have steadily lifted capital expenditure, with combined budgets nearing 1 trillion yuan in 2026 and expected to grow through the end of the decade. Where the Money Is Going Key focus areas include: Ultra-high-voltage (UHV) transmission lines , linking over 420GW of capacity by 2030 Expansion of the West-to-East ...