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.
Chinese regulators have called in Nvidia representatives to address alleged security vulnerabilities in its H20 artificial intelligence chips, marking a new flashpoint in U.S.-China tech tensions. Allegations: The Cyberspace Administration of China cited concerns over location tracking and remote shutdown capabilities in the H20 chips. Authorities asked Nvidia to provide explanations and supporting documents. Nvidia has not publicly confirmed the chips have such functions and has yet to comment. Trade Context: The move comes shortly after a Stockholm trade summit , where U.S.-China relations appeared to improve. The H20 chip had been banned in April by the Trump administration but was recently cleared for sale in China under updated U.S. trade rules. Market Impact: Nvidia and AMD only recently resumed selling certain AI chips in China after receiving U.S. approval. U.S. lawmakers criticized the decision, warning it could boost China’s mili...