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.
The term Abenomics, referring to the economic policies advocated by Shinzo Abe since the December 2012 general election, which elected Abe to his second term as Prime Minister of Japan. Shinzo Abe, Prime Minister of Japan Abe's bold strategy is to tackle the stagnant economic climate in Japan that has lasted for 20 years and was overtaken by China in 2010 as the world's second largest. Abe tells voters that the strong economic medicine he has pursued for more than three years is Japan’s last chance to remain a world power, framing his policies as a matter of national security. After early promise, progress has stalled. WHAT HAPPENED TO JAPAN? Before we look at the current situation, it is important to understand the background that Japan was in....since the real estate and stock market bubble burst in the early 1990s, companies have focused on cutting debt and shifting manufacturing overseas. Wages stagnated and consumers reined in spending, leading to what was ...