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.
Investor sentiment is red-hot , with Wall Street bulls brushing aside trade war threats and piling into big tech, pushing the S&P 500 within striking distance of an all-time high . Nvidia briefly touched a US$4 trillion market cap , while the CNN Fear & Greed Index now signals “ extreme greed .” Key Takeaways for Investors S&P 500 jumps 0.6% , lifted by gains in megacaps and tech stocks. Nvidia (US$NVDA) alone has rallied over 1,000% since 2023 , and now makes up 7.5% of the index . Bitcoin breaches US$112,000 , another sign of rising risk appetite. Treasuries rally , with strong demand in a US$39 billion bond sale. Brazil’s real tumbles after Trump announces 50% tariffs on Brazilian imports. Federal Reserve minutes reveal concern over persistent inflation from tariffs. Fast-money and institutional investors are re-entering the equity market, signaling belief in more upside. What’s Driving th...