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.
Key Facts On August 13 (ET) , crypto exchange operator Bullish (BLSH.US) debuted on the NYSE at $90 , 143% above its $37 IPO price. Shares closed at $68 , still up ~84% on the day, valuing the company at nearly $10 billion . Intraday gains reached ~219% , fueled by a favorable backdrop: Bitcoin above $120,000 Ethereum over $4,700 Growing regulatory clarity and a crypto-friendly U.S. administration. Company Snapshot Founded: 2021 by blockchain firm Block.one Focus: Institutional crypto trading + digital asset information services Backers: Peter Thiel’s Founders Fund & Thiel Capital, Nomura, Mike Novogratz, among others. Leadership: CEO Thomas W. Farley (ex-NYSE President) Global footprint: Licensed in the U.S., Singapore, Gibraltar, Germany, Hong Kong (SFC license in 2025). Business Model: The Dual-Engine Approach Institutional Trading Infrastructure Operates the...