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.
As we all might have know by now that the Ron95 petrol price up by 20c beginning 2nd October 2014, 12.00 a.m as part of the subsidy rationalization move by the government. In fact, after the announcement of the petrol hike, the petrol stations are jammed with the citizen rushing out to fill up the tank in order to save some money. While the effort might save a few ringgit and it is a one time effort, still a lot of Malaysians are doing so, knowing that every penny saved count. This is why for the past few years, cash rebate credit cards are gaining popularity in Malaysia - especially those credit cards that offer the cash rebate for petrol like the Maybank 2 card, Citibank Cash Back card, UOB One card and Hong Leong Bank Wise card. Before this OCBC Titanium is popular due to its 5% on petrol and dining and capped at RM50 cash back per month, however the offer ended and it is now offering 1% unlimited cash back. The attached is the comparison of the 4 most attractive cash rebate...