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.
Key Highlights: Consumer Credit Bill 2025 tabled for its first reading in Dewan Rakyat. Bill proposes the establishment of the Consumer Credit Commission (CCC) to regulate non-bank lenders and credit service providers . CCC will have powers to impose fees, conduct investigations, and set industry guidelines . New licensing requirements for credit businesses , including minimum financial standards . Credit providers must assess financial hardship applications before taking legal action . Finance minister can grant exemptions based on CCC recommendations . New Regulatory Authority for Consumer Credit Sector Malaysia is taking a major step toward regulating non-bank lenders , as the Consumer Credit Bill 2025 was tabled for its first reading in Parliament on Tuesday. Deputy Finance Minister Lim Hui Ying introduced the Bill, which aims to enhance consumer protection, regulate credit service providers , and establis...