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 Takeaways U.S. President Donald Trump confirmed an extension of the tariff truce with Mexico , calling it a positive outcome for U.S. trade interests. The move provides temporary relief from higher duties set to take effect on Nov 1 , preserving current tariff rates at 25%. Markets see the decision as a moderating gesture ahead of Trump’s high-stakes trade meeting with China’s Xi Jinping in South Korea this week. Tariff Truce Extended — Mexico Gets Breathing Room Speaking aboard Air Force One en route to South Korea, President Trump said he is satisfied with the tariff extension deal announced by Mexican President Claudia Sheinbaum . 💬 “I like the extension with Mexico. We’re doing very well with that extension. We get a lot of tariffs — they’re paying a lot of money,” Trump said. Under the agreement, the U.S. will delay tariff hikes on Mexican goods — including autos and ma...