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.
Markets Edge Lower Before Key CPI Report Wall Street’s main indexes closed lower on Monday as investors positioned cautiously ahead of July’s consumer inflation data, due Tuesday. The report will help shape expectations for the Federal Reserve’s interest rate path in the coming months. Dow Jones: -200.52 pts (-0.45%) to 43,975.09 S&P 500: -16.00 pts (-0.25%) to 6,373.45 Nasdaq Composite: -64.62 pts (-0.30%) to 21,385.40 Investors currently expect the Fed to cut rates by around 60 basis points by December , amid signs of labor market weakness and a shake-up in Fed leadership. Tariffs and Trade Back in Focus President Donald Trump signed an executive order extending a 90-day pause on sharply higher tariffs on Chinese imports , avoiding a potential escalation this week. The agreement, which also enables U.S. semiconductor sales to China, is due to expire Tuesday. Notably, chipmakers Nvidia and AMD agreed to remit 15% of revenue fro...