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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.

Malaysian Stocks Dip After Wall Street Selloff Triggered by Tariff Shock

Market Overview Malaysia's  FBM KLCI  index fell  0.7% to 1508.14  in early trade Thursday, tracking sharp declines on Wall Street following President Trump’s aggressive new tariff announcements. Key Support Level : Analysts at Apex Securities expect the index to test the  1,500 level , with near-term downside cushioned by ongoing  trade ministry talks with U.S. officials  over Malaysia’s newly imposed  24% reciprocal tariff . Sector Rotation: Investors Turn Defensive Apex Securities recommends a  defensive allocation  amid global trade uncertainty and ahead of today’s  U.S. jobs report  and a speech by  Fed Chair Jerome Powell . Sectors in Focus : Healthcare REITs Utilities Logistics Notable Movers Gainer Change Sector IHH Healthcare (IHH) +0.7% Healthcare Shangri-La Hotels (SDG) +0.2% REIT/Hospitality Decliner Change Sector Axiata (AXIATA) –2.2% Telecommunications Maxis (MAXIS) –2.1% Telecommunications Investor Watchlist...