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.
Tesla (TSLA.US) stock climbed on Thursday, reaching $369.16 in late trading, up 3.14% , as excitement grows over the company's upcoming Cybercab and ambitious robotaxi plans. This follows Wednesday's close at a 52-week high and the stock's continued momentum toward levels not seen since April 2022 . Key Developments Driving the Surge: Cybercab Unveiling and Cost Efficiency Tesla's purpose-built robotaxi, the Cybercab, is expected to begin sales in 2026 . A Tesla engineer revealed the vehicle will use 50% fewer parts than a Model 3 , significantly lowering production costs. Tesla also plans to launch its self-driving robotaxi service in late 2025 , initially leveraging current models equipped with advanced driver-assistance systems. A Trillion-Dollar Opportunity Wedbush analyst Dan Ives called the self-driving business a "trillion-dollar opportunity" , underscoring the potential market impact of Tesla's autonomous technology. Delivery and Growth Outlook...