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.
Donald Trump’s first presidency saw remarkable gains for the S&P 500 , which surged 67.82% over four years , fueled by policies favoring growth and deregulation. As Trump prepares to return to office in January 2025 , market analysts are closely watching for his policy impact on equities. Key Highlights of Trump’s First Term Pre-Inauguration Gains : S&P 500 rose 6.56% between Election Day (Nov 8, 2016) and Trump’s inauguration (Jan 20, 2017). Post-Inauguration Performance : 6 months in: +9.27% . 1 year in: +24.15% . By the end of his term: +67.82% . Second Term: Initial Market Reactions and Key Developments 1. Post-Election Gains S&P 500 is up 6% since Election Day 2024 , maintaining an upward trend. 2. Federal Reserve’s Hawkish Stance The Fed cut rates by 25 basis points this week but emphasized caution in future rate cuts. Impact : Dow Jones fell 1,100 points (-2.95%). S&P 5...