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.
Quick Market Summary Global risk sentiment weakened sharply as fears of a renewed US–Europe trade war linked to Greenland triggered heavy selling across equities, spilling over into Asian and Malaysian markets. Wall Street: Trade War Fears Spark Broad Sell-Off US equities slumped after President Donald Trump threatened fresh tariffs on European countries opposing his Greenland bid. Dow Jones: -1.8% to 48,488.59 S&P 500: -2.1% to 6,796.86 Nasdaq Composite: -2.4% to 22,954.32 Big Tech names were among the hardest hit, reflecting concerns over retaliatory tariffs and global supply-chain risks. Key takeaway: Markets are repricing geopolitical risk as trade tensions resurface. Bursa Malaysia: Broad-Based Selling The FTSE Bursa Malaysia KLCI Index ended the session firmly lower as cautious sentiment dominated regional trading. KLCI: 1,699.06 (-0.77%) Market breadth: 786 decliners vs 296 gainers ...