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.
Malaysia Airlines, 2 years after MH370...where are we? The twin air crashes that left the brand name in pieces but 2 years on, is Malaysia Airlines in the right direction? Malaysia Airlines The loss of two Boeing 777s just months apart in 2014 triggered the loss-making carrier to seek for bailout. 1/3 of its staff were cut then while its Boeing 777-200s were grounded and less profitable long-haul routes were scrapped. With these efforts in place and the low level of oil, Malaysia Airlines is confident it will reach its target to return to profitability in 2018, the year that the German guru, Christoph Mueller ends his three-year contract. The big question: Are things really on track with this new business model? The narrow, regional business models might just make Malaysia Airlines suffered against its regional competitors….especially when it comes to the airline’s long-term strategy. "Apart from shedding jobs, cutting its fleet size and renegotiatin...