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.
Key Takeaway U.S. stock futures showed slight gains Sunday night as investors looked ahead to this week’s inflation reports, which could influence the Federal Reserve’s next moves. Meanwhile, oil prices climbed modestly after OPEC+ confirmed it will raise production at a slower pace from October. Market Futures Snapshot Dow Jones Futures (YM00): +60 points (+0.1%) S&P 500 Futures (ES00): Flat to slightly higher Nasdaq-100 Futures (NQ00): Positive territory after early dip Gold: Slight decline, holding below recent highs Bitcoin: Flat trading U.S. Dollar Index (DXY): Higher Last week’s jobs data rattled investors, sending the Dow lower for a second straight week (-0.3%), while the S&P 500 (+0.3%) and Nasdaq (+1.1%) managed weekly gains. Inflation Data in Focus This week, markets will be watching: Producer Price Index (PPI) – Wednesday Consumer Price Index (CPI) – Thursday Jobs data revisions ...