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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.

Toyota Powers Ahead With Record Sales — But Can It Outrun Trump’s Tariffs?

Momentum Accelerates Toyota Motor Corp. posted its  third consecutive monthly sales record  in May, clocking in  955,532 vehicles sold globally , an 8% jump from a year ago. Production also held strong at  906,984 units . The surge was driven by  robust hybrid vehicle demand  across key markets: North America: +11% Japan: +4% China: +7% A Price Hike Ahead Toyota plans to raise  US vehicle prices by over $200  starting next month, aligning with competitors like Mitsubishi Motors — a move that reflects both rising costs and the looming tariff impact from the U.S.-China trade war. The Tariff Shock While sales remain strong, Japanese automakers are bracing for a significant blow: Toyota expects a  ¥180 billion ($1.2B) loss from tariffs  just for April-May. Nissan and Honda are forecasting  $3B hits . Mazda and Subaru have  withheld profit guidance  amid uncertainty. Investor Insight: Can Toyota Maintain Its Lead? Despite geopo...

Porsche & Mercedes Face US$3.7 Billion Blow from Trump’s Car Tariffs

President Trump’s new 25% import tariffs on foreign cars  are poised to deal a major financial hit to Germany’s top carmakers — with  Porsche AG and Mercedes-Benz Group AG  taking the brunt of the impact. What’s Happening: New tariffs take effect April 3 , potentially slashing around  25% of Porsche and Mercedes’ 2026 projected operating earnings , according to Bloomberg Intelligence. The  estimated hit: €3.4 billion (US$3.7 billion or RM16.2 billion) . Automakers may have to  raise prices or shift more production to the US  to absorb the blow. Market Reaction: Porsche shares fell 5% ,  Mercedes down 5.2% ,  BMW -4.9% ,  Volkswagen -4.3% , and  Aston Martin tumbled 8.9%  in London. The tariffs  threaten Europe’s export-heavy auto industry , particularly  German brands , which ship a large portion of their high-margin vehicles like the  Porsche 911  and  Mercedes S-Class  to the US. Industry Concern...