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 Takeaway: Farm Fresh's share price has surged 77% from its low, reaching RM1.88 amid recovering earnings, expansion into new product lines, and strong investor confidence. Farm Fresh Bhd has rebounded strongly, driven by declining raw milk costs and successful diversification into products like ice cream, butter, and formula milk . Co-founder Loi Tuan Ee emphasizes the company's focus on long-term growth , maintaining market share even during margin pressures. Highlights: Strong Financial Recovery: FY2024 profit rose 27% to RM63.53 million . 1QFY2025 net profit hit RM25.99 million , suggesting potential full-year earnings of RM103.96 million . Recent acquisitions like The Inside Scoop and Sin Wah Ice Cream contributed significantly to growth. Market Performance: Farm Fresh’s shares are up 41% year-to-date , with analysts projecting FY2025 profits between RM104 million and RM113 million , and FY2026 growth to RM137 million–RM146 million . Valuation and Investor Sentimen...