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.
VentureTECH Sdn Bhd and MTC Orec Sdn Bhd have announced a strategic partnership aimed at accelerating the development of biomethane plants across Malaysia, a move that aligns with the nation’s renewable energy and sustainability goals. In a joint statement, the companies disclosed that VentureTECH’s investment will fund the establishment of biomethane facilities in Peninsular Malaysia’s northern and east coast regions . The collaboration will also include a project with a leading oil and gas player, slated to launch next year. This partnership is expected to advance Malaysia’s renewable energy aspirations, reduce carbon emissions, and foster sustainable growth while creating significant socio-economic opportunities. Driving Renewable Energy Innovation Ahmad Redzuan Sidek , CEO of VentureTECH, emphasized the company’s commitment to environmentally and economically sustainable investments: “MTC Orec’s expertise in bioenergy and its alignment with Malaysia’s renewable energy goals ma...