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.
Indonesia is bracing for global trade disruptions caused by US President Donald Trump’s aggressive tariff policies , seeking to diversify its markets and protect local industries amid rising protectionism. 🌏 Indonesia’s Strategy: Expand Markets, Protect Local Trade 🔹 Indonesia aims to leverage the US-China tariff war by expanding its market share if Chinese goods face higher US tariffs. 🔹 The country is also reinforcing local industries , particularly the textile sector , which has been hit by cheap imports and illegal shipments . 🔹 New trade agreements are in the works to secure alternative markets, with Peru, Canada, the EU, and India on the priority list. 💬 Deputy Trade Minister Dyah Roro Esti Widya Putri: "We do not want to act too hastily on import regulations, but we will ensure policies are in Indonesia’s best interest." 🚨 Trump’s Tariffs: A Wake-Up Call for Global Trade 📌 Trump’s new...