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.
On Monday, Britain will become the first G7 country to end coal-fired power production , marking a significant milestone in the nation's journey toward climate targets . The closure of Uniper’s Ratcliffe-on-Soar plant in England’s Midlands signals the end of over 140 years of coal power in the UK. Back in 2015, Britain set a goal to phase out coal plants within a decade, when nearly 30% of its electricity came from coal. By last year, this figure had dropped to just over 1%. “The UK has proven that it is possible to phase out coal power at unprecedented speed,” said Julia Skorupska, Head of the Powering Past Coal Alliance, which includes around 60 national governments working to eliminate coal power. This phase-out has significantly contributed to the halving of Britain's greenhouse gas emissions since 1990. Britain aims for net zero emissions by 2050 and plans to decarbonize its electricity sector by 2030 , relying heavily on renewable sources such as wind and solar power...