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.
Singapore equities opened weaker as global risk sentiment deteriorated , with rising US rate expectations triggering a broad tech-led selloff , even as domestic data showed steady consumer demand . Wall Street Selloff Signals Shift in Sentiment US markets snapped a nine-week rally: S&P 500 -2.6% Nasdaq Composite -4.2% Dow Jones Industrial Average -1.4% The decline followed strong jobs data , which raised concerns that the Federal Reserve may maintain a hawkish stance . Tech stocks led losses: Nvidia -6.2% Advanced Micro Devices and Intel -7% to -13% range STI Opens Lower Amid Broad Weakness The FTSE Straits Times Index fell 1.47% , with decliners significantly outnumbering gainers . Market sentiment was pressured by: Global tech selloff Rising interest rate expectations Weak risk appetite across equities Retail Sales Growth Signals Consumer Strength Singapore’s reta...