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.
Earnings Snapshot Petronas Dagangan Bhd (KL:PETDAG) posted a 3.9% YoY decline in 2QFY2025 net profit to RM265.5 million , as retail weakness overshadowed growth in its commercial and convenience businesses. Net Profit: RM265.5m (–3.9% YoY) Revenue: RM9.07b (–7.9% YoY) Dividend: 22 sen/share (vs. 20 sen last year), bringing 1H25 payout to 42 sen/share (vs. 38 sen last year) 1H25 Results: Net profit +11.3% YoY to RM559m , despite revenue falling 5.6% to RM18.16b Shares gained 0.5% to RM22.92 by midday Monday, valuing PETDAG at RM22.8 billion . YTD, the stock has risen 18.6% , outperforming the broader Bursa benchmark. Segmental Performance Retail: Weaker gross profit, hit by: Less favourable MOPS (Mean of Platts Singapore) pricing trends. Softer demand for diesel & Mogas. Normalisation of travel patterns (boosted in Q1 by festive holidays). Commercial: Higher profit,...