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.
Meta Platforms, Broadcom and Oracle attracted the largest bullish block option trades among tech stocks on Wednesday, even as overall markets came under pressure while investors assessed the outlook for U.S. interest rates in 2026. Huge Meta Call Option Signals Strong Bullish Sentiment The biggest block trade saw an investor pay US$22.7 million in premium for call options giving the right to buy 300,000 Meta shares at US$600 within 72 days. Although Meta trades above that level (US$645.41), the total cost including premium (~US$675.65) signals confidence that the stock could move higher . Sentiment toward Meta has improved as: The company tightens cost controls Shifts from open-source to a closed AI model Investors view the stock as oversold , with 7 of 15 technical indicators flashing signals of a potential rebound Meta is also preparing to unveil a new AI model, “Avocado,” distilling techniques from Go...