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.
While much of China battles deflation and sluggish consumer confidence, JD.com Inc just proved that shoppers aren’t entirely holding back . During this year’s Singles’ Day shopping festival , JD.com reported a near 60% jump in orders and a 40% surge in shoppers , hitting a new record for the world’s largest online shopping event. Even though the company didn’t reveal total transaction value, the scale of growth stands out against a backdrop of economic weakness and price declines — signaling that strategic discounting and government subsidies may still be able to reignite short-term spending momentum. Key Takeaways for Readers 1. Record growth despite deflation — consumer demand still alive. China’s overall price environment remains soft, but JD.com’s strong Singles’ Day performance shows consumers are selectively spending — especially when it comes to electronics and deals. Persistent deflation has made shoppers cautious...