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 ongoing Middle East conflict is not just an oil story — it is triggering a structural shift in global energy investment , with capital rotating toward energy security-driven sectors . Energy Crisis Exposes Structural Weakness The disruption of the Strait of Hormuz (≈20% of global oil flows) has reinforced a critical reality: energy dependence = geopolitical risk . As highlighted in the report , governments are no longer optimising for cost, they are prioritising energy independence and supply resilience . This marks a shift from “energy economics” to “energy security” , fundamentally changing investment flows. Clean Energy Becomes Strategic, Not Optional Rising oil prices and supply uncertainty have flipped the equation: Expensive oil → renewables become economically viable faster Supply risk → policy acceleration toward domestic energy sources This mirrors the post-Ukraine war shift in 2022 , but on a broader scale. Key Se...