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.
RHB Investment Bank has maintained its OVERWEIGHT call on Malaysia's healthcare facilities and services sector , naming KPJ Healthcare Bhd as its top pick. Despite some short-term challenges, including softer numbers in Q1 2025 due to Ramadan, RHB remains optimistic about the sector's long-term prospects. Growth Drivers for Healthcare Providers RHB's positive outlook is driven by several key factors, including: Organic expansion strategies The growing prevalence of non-communicable diseases (NCDs) The impact of an ageing population These trends are expected to support sustained growth in the sector, even as short-term challenges arise. KPJ Healthcare's Strong Performance KPJ Healthcare stands out, with strong contributions from health tourism and improved operational efficiency, particularly from hospitals under development. One of the standout performers, Damansara Specialist Hospital 2 (DSH2) , has seen a dramatic...