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.
Why Consider LINK REIT?
- Solid Technical Momentum:Price recently broke out above HKD 42.20 and holds above both 20-day and 50-day EMAs, signaling continued bullish momentum. A close above HKD 43 could open the path toward HKD 45–46 resistance zone.
- Consistent Financials:Expected revenue and net profit growth through FY2027, with stable profit margins above 48%. Net profit CAGR projected at 2%.
- Attractive Dividend:With a 6.4% yield, LINK REIT provides an appealing income stream in a volatile market.
- Strong Portfolio:Diversified assets including malls, parking, and retail properties across Hong Kong and overseas markets.
Investor Note:
With a healthy combination of capital appreciation potential and steady dividends, LINK REIT offers a relatively low-risk opportunity for income-focused and conservative growth investors.
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