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.
Contemporary Amperex Technology Co. Ltd. ($CATL), the world’s battery giant, is now 30% more expensive in Hong Kong compared to its Shenzhen counterpart — a rare premium driven by: ✅ Strong global investor demand ✅ Post-listing lock-up limiting liquidity ✅ Short squeeze dynamics 📈 Since debuting in May, CATL’s Hong Kong shares have jumped 46% , reflecting intense interest in the EV and battery sector. For context, most dual-listed Chinese firms trade at a discount in HK due to tax and access differences. ⚠️ Analysts at JPMorgan warn a pullback is possible after this rapid rally.