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.
MyDigital Corporation and Bursa Malaysia Bhd have signed a memorandum of collaboration (MOC) to enhance environmental, social, and governance (ESG) practices among public listed companies (PLCs) in Malaysia through the use of digital technologies. This partnership aims to foster innovation, knowledge sharing, and the adoption of Fourth Industrial Revolution (4IR) technologies to achieve sustainability goals. Key Highlights: Collaborative Initiatives for ESG Adoption : The MOC will support various initiatives, such as co-authoring thought leadership publications, sharing best practices, and organizing the Malaysia Centre4IR ESG Innovation Challenge. These efforts align with the government's digital transformation agenda, which seeks to promote the use of advanced technologies to address pressing ESG challenges. Commitment to Digital and Sustainable Transformation : Speaking at the MOC signing ceremony, Digital Minister Gobind Singh Deo emphasized the government's commitment to...