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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.

Malaysia Cuts RON97 and Diesel Prices by 4 Sen Per Litre

The Malaysian government has announced a  4 sen per litre reduction  in the retail prices of  RON97 petrol  and  diesel  in Peninsular Malaysia, effective  August 14–20, 2025 . RON97 : RM3.13/litre (previously RM3.17) Diesel (Peninsular) : RM2.90/litre (previously RM2.94) The price of  RON95 petrol  remains unchanged at  RM2.05/litre , while  diesel prices in Sabah, Sarawak, and Labuan stay fixed at  RM2.15/litre . According to the Ministry of Finance, the adjustments reflect changes in global oil prices under Malaysia’s  Automatic Pricing Mechanism (APM) . Authorities will continue monitoring prices to ensure stability and safeguard consumer welfare.

MyKad as mechanism for access to RON95 subsidy

The Dewan Rakyat will discuss the proposed MyKad mechanism to verify eligibility for RON95 fuel subsidies and address related concerns, such as issues with defective MyKad chips. Suhaizan Kaiat (PH-Pulai) will question Economy Minister Rafizi Ramli on this subsidy verification approach during the minister's question time. Other key topics include: East Coast Rail Link (ECRL) Biodiversity Impact: Shaharizukirnain Abd Kadir (PN-Setiu) will question Natural Resources and Environmental Sustainability Minister Nik Nazmi Nik Ahmad about efforts to mitigate the ECRL project’s impact on forest reserves, which has led to wildlife entering nearby villages, affecting residents. Gaza Humanitarian Aid: Mordi Bimol (PH-Mas Gading) will inquire about Malaysia's stance on the Gaza humanitarian crisis and the type and amount of aid allocated by Foreign Affairs Minister Datuk Seri Mohamad Hasan . Halal Certification Issues: Datuk Mohd Isam Mohd Isa (BN-Tampin) will ask Prime Minister...