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.
Massive Tech Investments in the U.S. Major tech firms, including Apple, OpenAI, Meta, Microsoft, and Amazon, have committed over $1 trillion in U.S. investments. President Trump took credit for the pledges , though many plans were already in motion before his administration. Key Investment Announcements 1. Apple: $500 Billion Focus: AI server production, supplier expansion, and new jobs. Jobs: 20,000. Locations: Houston & Detroit. 2. OpenAI, SoftBank & Oracle (Stargate JV): Up to $500 Billion Focus: AI infrastructure, massive data center projects. Jobs: “Hundreds of thousands.” Initial Investment: $100 billion. Location: Texas (first project in Abilene). 3. SoftBank: $100 Billion Focus: AI, semiconductors, and data centers. Jobs: 100,000. Key Investment Area: Texas. 4. Meta: $65 Billion Focus: AI computing, large-scale data centers. Location: Louisiana. 5. Microsoft: $40+ Billion Focus: AI and c...