KUALA LUMPUR, Dec 12 (Bernama) -- Bursa Malaysia’s key index closed higher today on bargain hunting, in line with positive investor sentiment across regional markets, consolidating at its highest level in more than two months — a level last seen on Oct 2, 2025. At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) rose 12.42 points, or 0.76 per cent, to 1,637.81, compared with Thursday’s close of 1,625.39. The benchmark index opened 2.83 points lower at 1,622.56, thereafter edged down to an early low of 1,622.03, before staging an uptrend to an intraday high of 1,640.36 in late trading. Market breadth was positive, with gainers trouncing decliners at 743 versus 387. Another 530 counters were unchanged, 1,108 untraded, and 16 suspended. Turnover increased to 3.09 billion units worth RM2.46 billion from 2.99 billion units worth RM2.35 billion on Thursday. Rakuten Trade Sdn Bhd vice-president of equity research Thong Pak Leng said the FBM KLCI ended higher on continued...
Gamuda Bhd’s share price slid to a five-month low on Thursday morning after the company reported a muted first-quarter performance for FY2026.
Shares Down Nearly 6%
As of 10:19am:
The stock fell 30 sen (-5.9%) to RM4.83
Market value stood at RM28.5 billion
Trading volume hit 15.57 million shares
Earnings: Profit Up, Revenue Down
Gamuda posted a 5% increase in net profit for the quarter ended Oct 31, 2025:
Net profit: RM215.13 million (vs RM205.39 million a year earlier)
Revenue: RM3.84 billion (down from RM4.14 billion, -7.2%)
The profit growth was driven mainly by:
Stronger domestic construction contributions
Property development gains in Vietnam
Dividend Maintained
The group declared an interim dividend of 5 sen per share, unchanged from the same period last year.
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