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.
$TSMC (TSM.US)$ is expected to post another blockbuster quarter as AI-driven chip demand propels earnings to record highs , reinforcing its dominance in the global semiconductor landscape. However, rising US tariffs and production policy tensions could complicate its medium-term outlook. AI Boom Pushes TSMC Toward Record Profit According to an LSEG SmartEstimate compiled from 20 analysts, Taiwan Semiconductor Manufacturing Co. (TSMC) is projected to deliver a 28% year-on-year surge in Q3 net profit to 415.4 billion (US$13.6 billion) — a new all-time high for the chipmaker. Revenue Growth: +30% YoY, exceeding market expectations. Profit Benchmark: Any figure above T$398.3 billion will mark TSMC’s highest-ever quarterly profit and its seventh straight quarter of earnings growth . Valuation: With a market cap of around US$1.2 trillion , TSMC remains Asia’s most valuable listed compan...