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's leading solar exporters, including Trina Solar , LONGi Green Energy , and Tongwei , have pledged to halt undercutting prices in overseas markets. The move comes as the industry faces severe challenges from a supply glut , price wars , and growing risks of protectionist measures in key export destinations like the EU, India, Pakistan, and Brazil . Key Developments Industry Collaboration : A "self-discipline" committee of 22 solar companies was formed under the China Chamber of Commerce for Import and Export of Machinery and Electronic Products to promote healthy competition and stabilize exports. Policy Shift : Effective Dec. 1 , the export levy rebate for wafers, cells, and modules will decrease from 13% to 9% , aiming to encourage the export of high-value-added products and mitigate risks of anti-dumping inve...