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.
Wall Street ended Thursday lower as renewed U.S.-China trade tensions and concerns over bad loans at several U.S. banks overshadowed upbeat earnings from Taiwan Semiconductor Manufacturing Co. (TSMC) . Market Overview All three major U.S. stock indices closed in the red: Dow Jones Industrial Average fell 301.07 points (0.7%) to 45,952.24 S&P 500 Index slipped 0.6% to 6,629.07 Nasdaq Composite Index lost 0.5% to 22,562.54 The declines came amid heightened uncertainty around trade relations and banking sector health, leading to a shift toward safe-haven assets such as gold and silver , which both surged to record highs. Trade Tensions Add to Market Volatility The U.S.-China trade dispute reignited after Beijing imposed new export controls on rare earth metals , key materials for electric vehicles and high-tech products. In response, President ...