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.
The European Union (EU) has instructed Apple to halt geo-blocking practices across its services, including App Store, Apple Arcade, Music, iTunes Store, Books, and Podcasts . Geo-blocking limits content availability based on users' geographical location, restricting access to specific services or content. The European Commission has identified multiple cases of geo-blocking in Apple's media services, giving the company a one-month deadline to address the issue . If Apple fails to take corrective action, enforcement measures by national regulators within the EU could follow. European Commissioner Margrethe Vestager emphasized the EU’s commitment to ending geo-blocking, saying that "no company, big or small, should unjustly discriminate against customers based on nationality or location." This step is part of a broader EU effort to eliminate unjustified geo-blocking , ensuring that consumers across the EU have equal access to digital services regardless of loca...