KUALA LUMPUR, July 31 (Bernama) -- Bursa Malaysia ended higher on Friday as investors continued to accumulate blue-chip stocks in line with stronger performances across most regional markets. At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) rose 4.50 points to 1,724.90 from yesterday’s close of 1,720.40. The benchmark index opened 0.83 of a point higher at 1,721.23, and moved between 1,715.67 and 1,730.12 throughout the day. The broader market was positive with gainers outpacing losers 707 to 402, while 547 counters were unchanged, 1,085 untraded and 56 suspended. Turnover expanded to 3.03 billion units valued at RM3.56 billion from 2.49 billion units valued at RM2.25 billion on Thursday.
Stock Snapshot Current Price : HKD 10.60 52W High/Low : HKD 13.60 / 6.57 Market Cap : HKD 131.5B Forward P/E : 11.47x Dividend Yield : 4.0% YTD Return : +3.2% Analyst Consensus : ★★★★★ (31 Buy / 4 Hold / 0 Sell) Target Price : HKD 13.22 → +24.7% Upside Technical Outlook: Momentum Building Lenovo closed with a long white candle on strong volume, breaking out of consolidation and above both 20- and 50-day EMAs — confirming a bullish near-term trend. A breakout above HKD 10.70 would confirm further momentum. EMA crossover and widening gap suggest increasing positive strength. 📈 “BUY with 24.7% upside and strong technical indicators,” – Rakuten Research Fundamentals & Growth Revenue Forecast : FY2025: HKD 530.3B FY2026: HKD 591.2B FY2027: HKD 635.0B Net Profit Forecast : FY2025: HKD 11.47B FY2026: HKD 12.50B FY2027: HKD 14.46B 3-Year Net Profit CAGR : +13% Net Margins : ~2.3% Free Float : 54% Business Overview Len...