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.
Starting Aug 1 , the government will restructure chicken egg subsidies and roll out “special grade eggs” at more affordable prices , according to the Ministry of Agriculture and Food Security. Key Points: The move is part of a phased subsidy rationalisation plan aimed at ensuring long-term sustainability and better targeting. Consumers can also buy eggs at competitive prices via Agro Madani Sales and Jualan Rahmah at Fama and LPP outlets nationwide. Subsidy savings will be redirected to core welfare programmes . Background: From Feb 2022 to Dec 2024 , the government spent RM2.5 billion on temporary egg subsidies to support households during the pandemic and global supply chain disruptions. With market conditions stabilising, the government says it is confident the industry can maintain stable and sufficient egg supply under the new structure. Price Control: The Ministry of Domestic Trade and ...