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.
Gapping Up: NIO Inc (NIO.US) : Stock surged 14.4% after the Chinese electric vehicle manufacturer announced a significant $2 billion cash boost from existing shareholders. CVS Health (CVS.US) : Stock increased by 3.2% following reports that Glenview Capital , a major shareholder, is set to discuss potential business improvements with CVS's management. AT&T (T.US) : Stock rose by 1.1% after revealing plans to sell a 70% stake in DirecTV to TPG , a private equity firm, for $7.6 billion . Autodesk (ADSK.US) : Stock climbed 0.8% after Morgan Stanley upgraded the software company to "top pick," highlighting expected accelerations in EPS and revenue growth alongside its appealing valuation. Gapping Down: Stellantis NV (STLA.US) : Stock plummeted 13.4% after the auto giant cut its annual forecasts and announced higher-than-anticipated cash burn, citing worsening industry trends and costly overhauls of its U.S. operations amid intensifying competition from Chinese...