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.
With TikTok's U.S. ban set to take effect in January 2025 , questions are swirling about whether President-elect Donald Trump could intervene to prevent the popular app from being blocked. Trump's Mixed Signals on TikTok At a recent press conference, Trump hinted at a soft spot for TikTok , acknowledging its influence among young voters : “I have a warm spot in my heart for TikTok because I won youth by 34 points,” he said. While this statement is politically exaggerated—Trump did not win the youth vote—it underscores TikTok's role in engaging younger audiences. The Legal Reality Ban Timeline : The TikTok ban, requiring its U.S. operations to be sold, officially takes effect one day before Trump assumes office . Trump's Leeway : Although the law is already signed and set, a new president has tools to slow or modify implementation . Trump could choose not to enforce the ban aggressively, giving TikTok room to negotiate or appeal...