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.
Market Overview U.S. stocks extended their rally for a third consecutive session on Tuesday, with all three major indexes — S&P 500, Dow Jones, and Nasdaq Composite — setting fresh record closing highs . The bullish momentum was driven by optimism over a potential U.S.–China trade agreement , expectations of a Federal Reserve rate cut , and robust gains in mega-cap tech names. Index Close % Chg Note S&P 500 6,890.89 +0.23% New record close Dow Jones IA 47,706.37 +0.34% Third straight record Nasdaq Composite 23,827.49 +0.80% All-time high All three benchmarks also notched intraday records , underscoring the strength of current market sentiment. Macro Highlights U.S.–China Trade Hopes: Investors remain optimistic ahead of Thursday’s Trump–Xi meeting at the South Korea summit. Reports suggest potential easing of rare-earth and software trade curbs , and a U.S. proposal to halve tariffs from 20% to 10% if China ...