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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.

GF Securities Launches Offshore Yuan-Backed Token with Daily Interest

Tokenized Finance in Action GF Securities' Hong Kong unit has launched a tokenized security, known as  GF Token , which offers daily interest and can be redeemed daily. It's issued in USD, HKD, and offshore yuan. How It Works Benchmark: USD token is tied to  Secured Overnight Financing Rate (SOFR) . Investors: Open only to  institutional and professional investors . Platform:  Issued on blockchain  and traded on  Hashkey Exchange . Why It Matters Part of Hong Kong's push to become a  Web3 financial hub . Tokens offer utility for  idle capital , with potential for switching across tokenized assets. Daily interest products may provide  an alternative to money market funds  or traditional savings for sophisticated investors. MoneyMaster Take — Key Insights: Real-world tokenization is happening now  — not just hype. GF Token shows institutional DeFi in motion , offering flexible and regulated digital yield. Watch Hong Kong’s role in set...