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.
Markets React Positively to Trade Truce Asian equities rose on Tuesday after U.S. President Donald Trump extended a 90-day pause on tariffs with China, removing a key near-term risk for investors ahead of a closely watched U.S. inflation report. The MSCI Asia-Pacific Index gained 0.4%. Japan’s Nikkei 225 surged to a record high as trading resumed after a public holiday. The U.S. dollar edged lower, while gold climbed 0.4%. The tariff truce pushes the deadline to November 10 , avoiding an immediate hike in duties on Chinese imports such as rare earth magnets and certain technologies. “All other elements of the Agreement will remain the same,” Trump said in a Truth Social post. Focus Turns to US Inflation Data Attention now shifts to July’s Consumer Price Index (CPI) report, expected later Tuesday. Economists project a 0.3% rise in core CPI , which strips out food and energy. Markets are pricing in about a 90% probability of a Septembe...