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.
Wall Street Recap U.S. equities bounced back, recouping recent losses amid inflation relief: S&P 500 : +1.09% to 5930.85 Dow Jones : +1.18% to 42840.26 Nasdaq : +1.03% to 19572.60 Key developments include: Berkshire Hathaway boosted its stake in Occidental Petroleum , acquiring $409.2 million worth of shares over three days. Trump Media & Technology (DJT.US) fell 6% after Donald Trump transferred 115 million DJT shares, valued at over $4 billion, to a revocable trust. Bursa Market Insight Malaysia’s FTSE Bursa Malaysia KLCI closed lower at 1591.41 (-0.54%) : Top Gainer : PBBANK (1295.MY) up 2.19% to RM12.14 Top Loser : PETDAG (5681.MY) down 4.23% to RM19.02 Corporate Highlights 1. Top Glove (TOPGLOV.MY) Swung to a net profit of RM5.47 million in 1QFY2025 , reversing a loss of RM57.71 million a year ago. Revenue surged 79.5% to RM885.89 million, driven by glove sales projected to rise 60% in FY2025, benefiting from...