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.
What's Happening: Trump is likely ending the 90-day tariff pause on July 9. Instead of extending negotiations, he plans to impose tariffs unilaterally , ranging from 20%-50% , depending on trade deficits and how countries treat U.S. interests. Potential Market Impact: Manufacturing & Industrial: New tariffs could increase input costs , squeezing margins. Agriculture: Higher tariffs may invite retaliatory measures , hurting U.S. farm exports. Retail & Consumer: Potential rise in imported goods prices , adding inflationary pressures. Currency Markets: Trade tensions often push USD higher , weigh on emerging market currencies. Key Dates: July 9: Watch for formal announcement or extension. Money Master Take: Tariffs could be used as a tool for negotiation leverage ahead of elections. Monitor companies with large overseas exposure , particularly in China, India, EU markets. Keep an ...