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.
The Malaysian government’s RM421 billion Budget 2025 signals a transformative approach to economic growth, emphasizing the well-being of the rakyat over costly mega-projects. Prime Minister Datuk Seri Anwar Ibrahim’s Ekonomi Madani framework aims to address inefficiencies, uplift living standards, and create an inclusive society while fostering sustainable growth. Key Pillars of Budget 2025 Raising the Ceiling : Boosting national productivity through high-value investments. Raising the Floor : Enhancing social security and living standards. Strengthening Governance : Improving fiscal discipline and transparency. Driving High-Value Investments Budget 2025 focuses on attracting investments in sectors such as: Electrical and electronics (E&E) Green industries Semiconductors Initiatives include: New investment incentives (3Q2025). Expanded export tax incentives for integrated circuit (IC) design. Tax deductions for AI, robotics, and FinTech courses. Strategic projects like the J...