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.
Global Markets Overview Wall Street closed higher despite Trump’s renewed tariff threats. Dow +0.20% to 44,459.65 Nasdaq +0.27% to 20,640.33 S&P 500 +0.14% to 6,268.56 US 10-year yield: 4.437% China exports beat expectations (+5.8% YoY vs. 3.6% forecast) boosted Hong Kong sentiment. Hang Seng Index (HSI) +0.26% to 24,203.32 Shanghai (SHCOMP) +0.27% to 3,519.65 Nikkei 225 -0.28% to 39,459.62 Singapore STI +0.52% to 4,109.21 Bursa Malaysia (FBM KLCI) KLCI : +0.09% to 1,537.51 (up 1.44 pts) Top performing sectors: Energy (+1.32%) Telecommunications (+1.19%) Healthcare (+0.99%) Lagging sectors: Utilities (-0.29%) Plantations (-0.22%) Property (-0.16%) Market Breadth: 514 losers vs. 432 gainers Volume: 2.93B shares Value traded: RM1.67B Outlook: Sideways trend likely to continue Expected range: 1,535 – 1,545 OPR cut hasn’t shown impact yet, but market velocity expected to improve Key Corporate Head...