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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.

Hackers Hit Taiwan Bourse, Major Bank in Mystery Foreign Attack

Hackers targeted several Taiwanese financial platforms, including the Taiwan Stock Exchange and Mega Financial Holding Co, in a coordinated cyberattack on Thursday. The attack, which briefly disrupted the websites of these entities, was described by local media as an attack by foreign agents. The attackers employed a distributed denial of service (DDoS) attack, which overwhelmed the targeted websites with web traffic, causing unstable connections. According to the Ministry of Digital Affairs, the Taiwan Stock Exchange detected unusually high web query volumes originating from overseas internet-protocol addresses. The exchange managed to restore normal operations within a half-hour of the attack. Local media outlet Liberty Times reported that a Russian group claimed responsibility for the attack on Telegram, citing an analysis by cybersecurity researchers at Radware. However, the Ministry of Digital Affairs did not confirm the origins of the assault and maintained that it will continue ...