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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.
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Markets Slide as Trump Plans Sweeping 20% Import Tariffs

US stock futures fell  Tuesday morning as investors brace for the long-awaited announcement of President Trump's  "Liberation Day" tariffs , which may impose  20% tariffs on most U.S. imports , marking a major shift in U.S. trade policy. The market is on edge amid growing uncertainty, with futures on all major indexes in the red. Market Snapshot (As of 7:42 AM ET) E-mini S&P 500 Futures (ESmain.US):  5,620.25 (▼ 0.58%) E-mini Nasdaq 100 Futures (NQmain.US):  ▼ 0.57% E-mini Dow Futures (YMmain.US):  ▼ 266 points (▼ 0.63%) 🔍 Top News Highlights Trump’s 20% Tariff Proposal Set to Shake Global Trade Scope:  The Trump administration is planning  broad-based 20% tariffs on most imports , potentially sparing only critical goods like  pharmaceuticals . Pharma Exclusion Likely:  According to Reuters, the pharmaceutical industry is expected to avoid the brunt of the tariffs, with calls for a  gradual rollout  to protect supply chain...
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Stocks Climb as Oil Sinks Amid Middle East Tensions and US Earnings Week

Global markets kicked off the week with mixed moves as crude oil prices tumbled and US equity futures rose, with traders reassured by Israel’s targeted strikes on Iran that avoided key oil facilities. This development has eased immediate geopolitical fears, sending Brent crude prices down by more than 5% at one point. US futures for the S&P 500 and Nasdaq 100 climbed, signaling a potential rebound for Wall Street following the S&P 500’s first weekly decline in seven weeks. European stock futures also gained, while Treasury yields jumped, with the 10-year yield hitting 4.28% , the highest level in over three months. In currency markets, the yen dropped to its weakest level in three months after a snap election in Japan, while China’s stocks slipped following disappointing industrial profit data in September, raising concerns about economic momentum. Meanwhile, this week is expected to be pivotal, with corporate earnings reports from five of the Magnificent Seven tec...
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