KUALA LUMPUR, July 31 (Bernama) -- Bursa Malaysia ended higher on Friday as investors continued to accumulate blue-chip stocks in line with stronger performances across most regional markets. At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) rose 4.50 points to 1,724.90 from yesterday’s close of 1,720.40. The benchmark index opened 0.83 of a point higher at 1,721.23, and moved between 1,715.67 and 1,730.12 throughout the day. The broader market was positive with gainers outpacing losers 707 to 402, while 547 counters were unchanged, 1,085 untraded and 56 suspended. Turnover expanded to 3.03 billion units valued at RM3.56 billion from 2.49 billion units valued at RM2.25 billion on Thursday.
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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