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 Nasdaq and S&P 500 fell on Wednesday as the Magnificent 7 tech giants led declines, while the Federal Reserve’s July minutes pointed to a split on the path forward for monetary policy. Key Index Performances Nasdaq Composite : -0.8% to 21,172.86 S&P 500 : -0.2% to 6,395.78 Dow Jones Industrial Average : +0.06% to 44,938.31 While the Dow managed a narrow gain, risk appetite was clearly weaker in growth-heavy indices. The Magnificent 7 Lead the Retreat Apple (AAPL) : -1.97% Intel (INTC) : -6.99% Nvidia (NVDA) : -0.14% Amazon (AMZN) : -1.84% Other top underperformers included Micron (MU), with tech, consumer discretionary, and communication services sectors all ending in the red. Energy stocks, on the other hand, emerged as the top gainer , buoyed by rising oil prices. Fed Minutes: Mixed Signals, Lingering Inflation Concerns The July 29–30 FOMC meeting minutes revealed a division among Fed officials: Some focused on inflation risks Others flagged concern...