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.
Deep-pocketed Middle Eastern investors are pouring record capital into China , even as many global firms pull back due to rising regulatory scrutiny , geopolitical tensions , and market volatility . Key players such as Abu Dhabi Investment Authority (ADIA) , Mubadala Investment Co , and Saudi Arabia’s Public Investment Fund (PIF) are leading the charge, targeting high-quality assets at significant discounts. DIA recently participated in Midea Group Co’s $4 billion listing in Hong Kong and a major $8.3 billion deal for Dalian Wanda Group Co’s shopping mall unit. Lenovo Group Ltd also secured $2 billion through zero-coupon convertible bonds from Saudi Arabia's sovereign wealth fund . Data compiled by Bloomberg shows that Middle Eastern investment into Greater China has hit $9 billion so far this year, with dealmakers expecting this pace to accelerate. This surge comes as Chinese asset valuations are seen as the most attractive in the Asia-Pacific (APAC) region , according to ...