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.
President-elect Donald Trump is considering Paul Atkins , a former SEC commissioner and a prominent advocate for digital assets , to replace outgoing SEC Chair Gary Gensler , according to Bloomberg. What’s Happening: Atkins, who served under the George W. Bush administration , is among the top contenders for the role. Known for his push for clear, balanced cryptocurrency regulations , Atkins could reshape the SEC’s stance toward cryptocurrencies and financial technology . Since leaving the SEC, he has led Patomak Global Partners , a consultancy advising major financial firms, and has advocated for streamlining regulatory processes to encourage innovation. Other candidates reportedly in the running include: Mark Uyeda , current SEC Commissioner Heath Tarbert , former CFTC Chair Robert Stebbins , partner at Willkie Farr & Gallagher LLP Trump’s Crypto-Friendly Stance: Trump’s campaign promises to end the SEC’s "anti-...