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Market Daily Report: Bursa Malaysia Ends Nearly Flat As Construction Stocks Attract Buying

 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.

AppLovin, Robinhood, and Emcor Enter the S&P 500: Who’s In, Who’s Out

 Key Takeaway AppLovin (APP), Robinhood (HOOD), and Emcor (EME) will join the S&P 500 on Sept. 22 , replacing MarketAxess, Caesars Entertainment, and Enphase Energy. Their inclusion underscores shifting sector weightings and signals strong investor momentum, especially for fintech and tech platforms. The New Entrants AppLovin (APP) Market Cap:  $169B  (largest U.S. company not already in the S&P 500) Focus: Mobile marketing & app monetization Stock Reaction:  +6.3% after-hours to $521.01 Robinhood (HOOD) Market Cap:  $91B Focus: Zero-commission retail trading, democratizing finance Stock Reaction:  +6.4% after-hours to $107.75 CFO Jason Warnick: “We remain focused on our mission to democratize finance for all.” Emcor (EME) Market Cap:  $28B Focus: Mechanical & electrical construction services Stock Reaction:  +2.2% after-hours to $639 Moving up from the S&P MidCap 400 Who’s Out MarketAxess (MKTX) ,  Caesars Entertainment (...