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.
Binastra Corp Bhd (KL:BNASTRA) is back in the spotlight after posting stronger earnings, with its share price rallying to within a whisker of its all-time high. The counter gained 3% to RM2.00 on Friday — only one sen below the RM2.01 peak recorded earlier this week. That brings year-to-date gains to 16% , valuing the construction player at RM2.18 billion . Key Earnings Takeaways Net profit for the six months ended July 31, 2025 jumped 25% YoY . Earnings now account for about 40% of consensus FY25 forecasts . Analysts believe the gap will be closed as project billings accelerate. Analyst Call: More to Come Mercury Securities is upbeat: “We anticipate stronger earnings delivery in the coming quarters, supported by higher progress billings from the existing orderbook and the commencement of newly secured projects.” Why Investors Are Watching Contract wins and project rollouts continue to underpin sentiment. Stronger earnings visibility posit...