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.
\Netflix is reportedly exploring a potential bid for Warner Bros Discovery’s studio and streaming business , marking what could be one of the most significant media acquisitions in recent years, according to Reuters. Netflix Evaluates Strategic Acquisition Sources familiar with the matter said Netflix has retained investment bank Moelis & Co — the same adviser that guided Skydance Media’s successful acquisition of Paramount Global — to assess the potential offer. The streaming giant has also been granted access to Warner Bros Discovery’s data room , allowing it to review the company’s financials in detail before making a formal bid. Both Netflix and Warner Bros Discovery declined to comment on the development. Potential Game-Changer for Netflix Acquiring Warner Bros’ studio assets would give Netflix ownership of some of Hollywood’s most valuable franchises , including Harry Potter and DC Comics , along with...