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’s 13th Malaysia Plan (13MP) sets an ambitious target of 4.5%-5.5% annual GDP growth between 2026 and 2030, with RM430 billion in development expenditure (devex) allocated to drive economic restructuring and improve living standards. Key Highlights: GDP Growth Target: 4.5%-5.5% annually (vs. 5.2% avg. in 2021–2024) Devex Allocation: RM430B (+3.6% vs. 12MP) = avg. RM86B/year Fiscal Deficit: <3% of GDP by 2030 (vs. 4.1% in 2024) Total Funding: RM611B (incl. RM120B from GLCs, RM61B PPP/private) Private Investment: +6% annually (avg. RM417.9B/year) Public Investment: +3.6% annually (avg. RM112.9B/year) Export Growth: +5.8% annually Inflation Target: 2%-3% p.a. Sectoral Allocations: Economic Sector: RM227B (infrastructure, transport, housing, flood mitigation) Social Sector: RM133B (education RM67B, healthcare RM40B) National Security: RM51B Public Administration: RM17B Social & Eco...