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: Lenovo's fiscal 2Q revenue soared to $17.9 billion , driven by growing demand for AI-capable PCs and significant expansion in its server and IT solutions businesses. BEIJING (Nov 15): Lenovo reported a 24% revenue jump for the quarter ended Sept. 30, reaching $17.9 billion and beating analysts’ expectations of $16 billion. Net profit climbed to $359 million , surpassing the $331.7 million forecast. The company's global PC shipments rose 3% to 16.5 million units, maintaining its 24% market share , even as the broader industry saw a 2.4% decline in shipments. Demand for AI-enabled PCs is reshaping the market, with Lenovo projecting these models to account for 10% of its shipments by year-end and up to 60% by 2026 . AI Push Fuels Growth: Infrastructure Solutions Group: Revenue grew over 60% year-on-year , driven by demand for AI servers in data centers. Solutions and Services Group: Revenue rose to $2.2 billion , up from $1.9 billion, reflecting growth in ...