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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.

Trade War Whiplash Continues as Market Uncertainty Grows

Stock markets  experienced another wild day, marked by  new tariff threats  and reversals from  President Donald Trump . While the day ended with a  red market board , investor sentiment remains uncertain amid the constant tariff drama between the  U.S. and Canada . Key Points : Tariff Threats : Trump sent an  all-caps social media post  threatening to  increase steel tariffs  on  Canada , but quickly reversed his stance after  Ontario  announced it would  suspend  its  25% surcharge  on electricity exports to the U.S. Back-and-Forth : The  U.S.  has several  pending tariff threats  against Canada, and Canada has said it will keep its  trade retaliation  in place until the U.S. removes its own tariffs and agrees to  free trade . Canadian Dollar Volatility : The  Canadian dollar  reached a  weekly low  due to the tariff uncertainty but bounced back. ...