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.
Quick Summary RBI kept its key rate unchanged at 5.25% , matching market expectations US slashed tariffs on Indian goods to 18% from 50% , lifting growth outlook Rupee rebounded strongly , becoming Asia’s top performer this month Inflation remains well below target , giving RBI policy flexibility What Happened The Reserve Bank of India held its repo rate at 5.25% , with the six-member Monetary Policy Committee voting unanimously to keep policy unchanged and maintain a neutral stance . The decision comes as India’s macro outlook improves, helped by higher government spending and a surprise US–India trade boost . Why the Outlook Improved US President Donald Trump announced tariff cuts on Indian goods to 18% from 50% Economists now expect upward revisions to India’s growth forecasts The Indian government increased budgetary spending , supporting domestic demand Key impact: The rupee bounced back...