KUALA LUMPUR, May 21 (Bernama) -- Bursa Malaysia ended at its intraday low on Thursday as investor sentiment remained cautious amid ongoing foreign outflows, although the recent weakness may present bargain-hunting opportunities in fundamentally sound blue-chip counters. At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) eased 9.33 points, or 0.54 per cent, to 1,708.36, from yesterday’s close of 1,717.69. The benchmark index, which opened 3.74 points higher at 1,721.43, hit an intraday high of 1,722.50 in early trade before losing momentum for the rest of the day. Market breadth was negative, with losers outpacing gainers 656 to 508, while 565 counters were unchanged, 989 untraded and 32 suspended. Turnover fell to 3.49 billion units worth RM3.70 billion compared with 4.15 billion units worth RM4.29 billion on Wednesday.
Quick Summary FY2025 core net profit up 11% to RM633m Same-store sales growth (SSSG) still weak at -2% for full year Analysts downgrade on store saturation and cannibalisation risks YTD share price up 22%, limiting upside Strong Earnings, But Growth Questions Emerge Shares of Mr DIY Group (M) Bhd are facing more cautious analyst views, even after delivering solid FY2025 earnings. FY2025 highlights: Core net profit: RM633 million ( +11% YoY ) Gross margin expansion driven by: Lower procurement costs Stronger ringgit However: Full-year SSSG remained negative at -2% 4QFY2025 SSSG turned positive at +1.4% , helped by festive demand and promotions Key issue: Organic growth remains soft despite margin strength. Why Analysts Are Turning Cautious 1️⃣ Store Saturation Risk The group plans to open 155 new stores in FY2026 , raising concerns of: Sales cannibalisation Slower sales per square foot Market nearing maturity 2️⃣ Valuation No Longer Cheap S...