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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.

BYD Launches Affordable Atto 2 Electric SUV in France at €28,990

  BYD Expands in Europe with Competitive Pricing Chinese EV maker BYD introduced its compact SUV, the Atto 2, in France for €28,990 ($30,358). The Atto 2 enters the  highly competitive European B-SUV market , offering a  cheaper alternative to major rivals . How BYD’s Atto 2 Stacks Up Against Competitors €5,000 cheaper than the Kia Niro. €6,000 less than the Opel Mokka-e. €7,000 below the Peugeot e-2008. However,  Opel Mokka-e and Peugeot e-2008 qualify for French EV incentives of up to €4,000 , reducing the price gap. The  Stellantis Citroen e-C3 remains €6,000 cheaper than the Atto 2  even before incentives. BYD’s Strategy in the European EV Market BYD is  aggressively pricing its models  to compete with established automakers. Expanding into  France and broader European markets , targeting price-sensitive consumers. The  launch in Paris’ La Défense Arena  signals BYD’s commitment to European expansion. Summary: BYD launches Atto ...