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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.

China Trade Hits Record High Before Iran Conflict Threatens Supply Chains

China’s trade volumes surged to record levels at the start of 2026, but escalating tensions in the Middle East now pose fresh risks to global shipping and export momentum. Key Takeaways China’s trade volumes surged above last year’s record levels before the Iran conflict erupted. Over 59 million containers were processed in the first nine weeks of 2026, up more than 12% year-on-year. Escalating tensions around Iran now threaten Middle East demand and global shipping routes. Record Container Throughput in Early 2026 More than  59 million containers  moved through Chinese ports in the first nine weeks of the year — up over  12% year-on-year , according to the Ministry of Transport. The strong start extended the export surge seen in late 2025, when total outbound shipments reached  US$3.8 trillion , a record high. Goldman Sachs Group Inc.  noted that freight volumes from 20 major Chinese ports also exceeded 2025 levels. Key Point: China’s trade momentum was acceler...

US East Coast Port Strike to Disrupt Supply Chains Starting Tuesday

A strike at key US East Coast and Gulf of Mexico ports is set to begin on Tuesday, the International Longshoremen’s Association (ILA) announced on Sunday. This move threatens to disrupt vital supply chains across the nation. The strike is a response to the United States Maritime Alliance's (USMX) refusal to address what the union calls "a half-century of wage subjugation." USMX, which represents employers in the East and Gulf Coast longshore industry, has yet to comment. If the strike proceeds, it will be the first coast-wide ILA strike since 1977, impacting ports that handle roughly half of the nation's ocean shipping , from Maine to Texas. Key sectors such as food and automobile imports could be severely affected, potentially causing economic disruptions just weeks before the US presidential election. There are no planned negotiations before the strike deadline at midnight Monday, and the union has confirmed that military cargo shipments and cruise ship traffic ...