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.
Key Takeaway: Malaysia’s Ministry of Investment, Trade and Industry (MITI) is promoting resilience and digital inclusion at APEC 2024, with a focus on sustainable investment and socio-economic growth . At the 31st APEC Economic Leaders' Week in Lima, MITI Minister Tengku Datuk Seri Zafrul Abdul Aziz outlined Malaysia’s approach to strengthening the global economy through digital and sustainable investments . MITI aims to ensure rule-of-law-based economic cooperation across the Asia-Pacific, aligning with the theme “Empower. Include. Grow.” Zafrul emphasized ASEAN’s potential role as a ‘middle power’ in global geopolitics, with Malaysia, as next year’s ASEAN chair, committed to maintaining ASEAN’s centrality and neutrality. Prime Minister Datuk Seri Anwar Ibrahim , attending APEC, will work with MITI to ensure the event boosts Malaysia’s trade and investment opportunities . Malaysia and Peru, both members of the CPTPP , saw trade grow to RM1.16 billion from January to July 20...