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.
Google is making a significant investment in the development of small modular reactors (SMRs) , backing a partnership with Kairos Power to construct reactors that use molten-salt cooling technology . The agreement is part of Google’s strategy to secure carbon-free electricity for its expanding network of data centers over the next decade. Power supplies from these SMRs are expected to come online between 2030 and 2035 . The deal includes support for Kairos Power's 50-megawatt (MW) demonstration Hermes project in Tennessee, followed by commercial-scale reactors sized at 75MW , with the aim of generating a total of 500 MW of clean energy . With rising demand for electricity due to the rapid growth of artificial intelligence (AI) systems , tech companies like Google are increasingly looking for reliable, carbon-free energy sources . The move is seen as a way to avoid dependence on natural gas plants and to align with environmental goals . “This is the first agreement of its kind,...