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.
Market Snapshot Bitcoin (BTC): –1.9% at ~US$111,119 (24h), down from its record high of US$124,000 earlier this month. Ethereum (ETH): –2.9%. Ripple (XRP): –3.6%. Solana (SOL): +1.0%. Dogecoin (DOGE): –2.4%. Why Cryptos Are Falling Interest Rate Uncertainty Optimism over U.S. rate cuts had helped drive Bitcoin to new highs earlier in August. Markets are reassessing expectations as President Donald Trump pressures the Federal Reserve for lower rates, while Fed Governor Lisa Cook challenges his move to dismiss her. Without clear dovish signals, risk assets like crypto face headwinds. Dollar Dynamics Lower rates typically weaken the dollar, lifting crypto valuations. With Fed policy still uncertain, the dollar remains firm, creating a drag on digital assets. Investor Sentiment Analysts note markets are reluctant to price in substantial dovish shifts until concrete data supports them. ING’s Francesco Pesole: “Markets are seemingly ...