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 stocks climbed on Tuesday, with the MSCI World Index rising 1% . Meanwhile, US bond yields and the dollar pulled back from recent highs as investors awaited key announcements from President-elect Donald Trump’s cabinet and assessed the future of US interest rates. Tech stocks led gains , reflecting Wall Street's recovery from last week’s sell-off. However, investors were cautious ahead of Nvidia’s earnings report on Wednesday . Key Market Moves Global stocks : MSCI World Index up 1% , snapping a four-day losing streak. Regional performance : Europe : STOXX index rose 0.2% . Japan : Nikkei gained 0.5% . Australia : Equity benchmark up 0.8% , hitting a record intraday high. Taiwan : Shares advanced 1.3% . China : Mainland blue chips dropped 1.2% , weighed by uncertainty over potential Trump tariffs. US futures edged higher , with S&P 500 futures pointing to a 0.1% gain after Monday’s 0.4% advance . Fed Outlook and Trump's Policies in Focus The market's outlook f...