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.
The Dewan Rakyat will today deliberate on critical issues surrounding low-cost housing and government quarters, with a focus on implementing new policies and solutions for long-standing challenges. Key Topics on the Agenda Effectiveness of COB and Local Authorities During the Minister’s Question Time at 10 a.m. , Suhaizan Kaiat (PH-Pulai) will question the Minister of Housing and Local Government about the performance of the Commissioner of Buildings (COB) and local authorities (PBT) in addressing infrastructure issues in low-cost flats. Exit Policy for Public Housing Roslan Hashim (Kulim Bandar Baharu) will propose an exit policy for public housing residents. This initiative seeks to encourage long-term tenants, especially those who have lived in public housing for over 10 years, to purchase homes . The policy aims to free up rental units for new civil servants and reduce rental demand. Teen Mental Health Cri...