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 Takeaways: Back in the Black: Sapura Energy reported a profit after tax and minority interest of RM189 million for FY25, a strong turnaround from a RM509 million loss in FY24. Revenue Growth: Group revenue rose 8.9% year-on-year to RM4.7 billion , driven by solid performance in its Engineering & Construction and Operations & Maintenance segments. EBITDA Performance: The Group posted RM524 million in EBITDA for the financial year ended January 31, 2025. Debt Restructuring Progress: The majority of financiers under its multi-currency financing have granted Approval-in-Principle for the company’s proposed restructuring scheme. Strong Order Book: Sapura Energy’s group order book now stands at RM8.5 billion , with an additional RM5.5 billion held through joint ventures and associates — the highest level in recent years . PN17 Exit ...