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.
Top U.S. and Chinese economic officials met in Stockholm on Monday for a crucial round of trade negotiations aimed at extending the tariff truce between the two nations. The meeting, lasting over five hours, signals both sides are racing to strike a deal before the August 12 deadline . What Happened: Key attendees: U.S. Treasury Chief Scott Bessent and Chinese Vice Premier He Lifeng. Venue: Rosenbad, the Swedish prime minister’s office. Negotiators left without comment; talks will resume Tuesday. The aim: Extend the truce by another three months to avoid U.S. tariffs snapping back to higher levels. President Donald Trump, speaking separately, urged China to further open its economy. Without an agreement, analysts warn of major disruptions to global supply chains. Why It Matters: The U.S. temporarily paused tech export restrictions to China to keep talks alive and pave the way for a potential Trump-Xi meeting later this year . Semiconductor giants like ...