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.
The latest version of President Trump’s sweeping tax-and-spend bill has landed — and while it spares no controversy, it’s creating a new investing landscape with distinct sector implications. For equity analysts and portfolio managers, the revised legislation introduces both tailwinds and headwinds that could reprice entire industries. Winners: Position for Upside Fossil Fuels Traditional energy stocks stand to benefit significantly. Subsidies for carbon capture and relaxed royalty terms boost profitability for oil and gas firms. Watch for upside in exploration and production (E&P) players and energy infrastructure names. Semiconductor & Tech Hardware U.S. chipmakers get a lift via an expanded 35% tax credit for new domestic fabs. This could accelerate capex from Intel, Micron, and others as Washington intensifies its onshoring push. Manufacturers & Real Estate Developers Full factory expensing through 2031 and bonus depreciation for commercial properties reinforce domestic...