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.
Global and Domestic Economic Landscape Global Macroeconomic Outlook : US GDP Growth : Projected at 2% for 2025. China GDP Growth : Anticipated at 4.8% , signaling robust recovery. Federal Reserve Policy : A cumulative 75 basis points cut in the Federal Funds Rate (FFR) is expected to: Ease the strength of the US dollar. Narrow interest rate differentials, potentially benefiting global equity markets. Challenges : Geopolitical tensions and inflation risks, particularly stemming from Donald Trump’s re-election , may create uncertainties. Malaysia’s Domestic Growth : Steady Economic Expansion : Supported by both external trade and internal consumption. Key Catalyst : Formalisation of the Johor-Singapore Special Economic Zone poised to unlock new growth opportunities in the southern region. Favorable Environment : Stable political conditions and ongoing reforms contribute to enhanced investor confidence. Attractive Valuations : Forward ...