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.
Malaysian equities staged a powerful rebound on Thursday , riding the wave of global relief after US President Donald Trump paused his reciprocal tariffs —except on China. The move restored RM75 billion in market value on Bursa Malaysia in just one morning. Market Highlights: FBM KLCI jumped 4.5% at open , hitting 1,473.36 before pausing at 1,465.00 (+64.41 pts). All 30 KLCI component stocks traded higher. CIMB (+9%) , Gamuda , Petronas Chemicals , and Nestlé Malaysia each climbed nearly 8% . FBM ACE Index : +5% Technology Index : +12% Energy Index : +7% Construction Index : +6% Global Boost: Malaysia joined a broader Asia-wide rally , with: Taiwan Taiex and Japan’s Nikkei 225 up ~9% South Korea’s Kospi surged 6% Market Commentary: Danny Wong (Areca Capital) : “Today’s rebound may be a temporary blip... downside risks remain due to unresolved tariff issues.” Areca manages over RM5 billion in ...