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Market Daily Report: Bursa Malaysia Ends Nearly Flat As Construction Stocks Attract Buying

 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.

USAID Cuts Health Contracts Worldwide, Services in Crisis

Mass Termination of US-Funded Health Programs Under Trump’s Foreign Aid Review Over 90% of US-funded global health programs have been terminated , following a 90-day review ordered by President Donald Trump. Programs addressing HIV, malaria, maternal health, and tuberculosis (TB) have been significantly affected. USAID cites "America First" policy alignment  as the basis for the cuts. Major Health Projects Affected UNAIDS' contract with USAID has been cancelled. Khana, a key HIV and TB organisation in Cambodia, received termination notices. Several large HIV/AIDS programs in South Africa lost funding , impacting services for vulnerable groups, including LGBT+ people and sex workers. US Secretary of State Marco Rubio’s Stance Dismissed concerns that  Washington is ending foreign aid  and emphasized that waivers were granted for life-saving programs. However,  recent court documents indicate broad termination of health programs, including some initially covered by waiv...