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.
Tariff Shock Pushes Firm Into the Red Electronics manufacturing services provider VS Industry Bhd (KL:VS) slipped into a net loss of RM33 million in 4QFY2025 , compared with a net profit of RM126.6 million a year earlier. Revenue tumbled 29% y-o-y to RM858.8 million from RM1.21 billion, as US reciprocal tariffs triggered sharper-than-expected adjustments from customers. Additional Headwinds Beyond weaker sales, the group’s results were weighed down by: Cost-down pressures from customers Start-up losses at its Philippines operations Impairments on trade receivables and plant & equipment No dividend was declared for the quarter. For the full FY2025, net profit plunged 85% y-o-y to RM36.7 million , while revenue fell nearly 11% to RM3.79 billion from RM4.25 billion. Outlook: Challenging but Improving VS Industry expects operating conditions to remain challenging , with performance tied to consumer senti...