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.
Shares of Nvidia (NVDA) tumbled 9.3% on Monday as the company faces increasing scrutiny over its advanced AI chips reaching China despite U.S. export controls. Key Market Reactions Nvidia (NVDA): Down 9.3% at $113.30 (as of 3:32 p.m. ET). S&P 500 Index (SPX): Dropped 2.1% . Advanced Micro Devices (AMD): Fell 2.3% . Broadcom (AVGO): Declined 6.9% . Nvidia had gained 4% on Friday , but remains under pressure following last week’s earnings report despite exceeding revenue expectations. Tariff & Export Control Worries President Donald Trump announced new tariffs on Canada, Mexico, and China , set to take effect on Tuesday. Nvidia is under renewed scrutiny over reports that its AI chips are reaching Chinese customers despite U.S. restrictions. The Wall Street Journal reported that some Chinese sellers are promising delivery of Nvidia's Blackwell ch...