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.
Key Takeaways: Q2 beat, Q3 miss : Dell’s Q2 earnings of $2.32/share topped consensus ($2.29), but Q3 EPS guidance of $2.45/share midpoint fell short of expectations ($2.55). Revenue momentum : Q2 revenue rose to $29.78 billion , ahead of estimates ($29.0 billion), reflecting resilience in PC and server demand. Market reaction : Shares slipped 4.4% after-hours , as investors focused on weaker earnings guidance despite a headline beat. Sector context : The miss highlights ongoing margin pressures in the PC and server industry, even as peers such as HP Inc (+4.57%) and Microsoft (+0.57%) trade higher on AI-driven optimism. Results Breakdown Q2 Earnings : Adjusted EPS: $2.32 vs. $2.29 expected. Revenue: $29.78B vs. $29.0B expected. Q3 Guidance : EPS: $2.45 (midpoint) vs. $2.55 expected. Revenue outlook not disclosed in detail but implied softer margins. Market and Investor Sentiment The results illustrate a classic “be...