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.
Bitcoin, Ethereum, and Dogecoin Surge as Trump Hints at Tariff Relief: Analyst Projects BTC to Hit $93,500
Key Takeaways: Cryptocurrency Rally Fueled by Tariff Relief Hints: Cryptocurrencies are soaring, with Bitcoin (BTC) reaching over $88,750 and Ethereum (ETH) breaching $2,100 . Dogecoin (DOGE) also saw a significant 5.89% jump. The rally is linked to President Donald Trump's hints about tariff relief for certain countries, which fueled optimism in both the stock market and cryptocurrency markets. Bitcoin’s Impressive Momentum: Bitcoin surged by 1.57%, crossing $87,627 and briefly touching its highest price in two weeks. It faces a critical point where if it manages to reclaim the 21-EMA as support, it could breakout to $93,500 , according to Rekt Capital , a well-known cryptocurrency analyst. Short Squeeze and Market Sentiment: Over $158 million worth of short positions were liquidated in the past 24 hours, with an additional ...