KUALA LUMPUR, July 29 (Bernama) -- Bursa Malaysia rebounded to close higher on Wednesday on selective buying of defensive stocks after a volatile trading session. IPPFA Sdn Bhd director of investment strategy and country economist Mohd Sedek Jantan said consumer products and services stocks lifted the key index higher, overcoming lingering geopolitical concerns. At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) rose 3.08 points to 1,715.56 from yesterday’s close of 1,712.48. The benchmark index, which opened 1.91 points higher at 1,714.39, moved between 1,710.79 and 1,720.59 during the day’s trading. In the broader market, gainers outstripped decliners 550 to 476, while 612 counters were unchanged, 1,129 untraded, and 48 suspended. Turnover rose to 2.96 billion units valued at RM2.48 billion from 2.94 billion units valued at RM2.56 billion on Tuesday.
杭州云视听科技股份有限公司（Hangzhou Arcvideo Technology Co., Ltd.，SHSE:688039）股价过去一个月飙升 34% ，年内累计涨幅已达 96% ，成为市场关注焦点。 估值聚焦：P/S倍数远超行业中位数 当前 市销率（P/S）为 16.4 倍 ，超过中国软件行业约 7.7 倍 的中位数两倍 尽管去年营收下滑 14% ，过去三年累计下降 31% ，高估值仍引发市场疑问 投资者为何愿意追高？ 分析师预测公司将在未来一年迎来 强劲营收反弹 ，预计增长 62% ，远超行业平均的 24% 这一乐观预期支撑了高企的 P/S 倍数 市场情绪：押注“V型反转” 股价近期强势上扬，显示投资者对营收恢复信心高涨 但在高预期背景下，任何增长不及预期都可能对股价带来压力 结论 杭州云视听的上涨反映市场对其营收回升的信心。然而，在当前高估值下，公司必须兑现高增长预测，才能维持股价动能，否则市场情绪可能迅速转向谨慎。