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.
Rakuten Trade expects foreign investors to return to Malaysian equities as the ringgit strengthens amid prolonged Middle East tensions and elevated oil prices. Foreign Holdings Stable Despite Outflows According to Rakuten, foreign shareholding on Bursa Malaysia has remained relatively steady despite earlier outflows — suggesting: Long- term investors have largely held positions Short- term traders drove recent selling Key Point: Foreign ownership hasn’t meaningfully collapsed, indicating underlying confidence in Malaysian assets. Year- to- date, foreign funds recorded net inflows of...