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.
Shenzhen Mindray Bio-Medical Electronics Co., Ltd. (SZSE:300760) has seen its stock rise 6.8% in the past three months , prompting questions on whether strong financials are behind the move. A closer look at its return on equity (ROE) suggests the market may indeed be rewarding solid fundamentals. ROE Highlights ROE: 26% (CN¥11b net profit ÷ CN¥44b shareholders' equity) This means the company generates CN¥0.26 in profit for every CN¥1 of equity. Its ROE is far above the industry average of 7.6% , underscoring efficient use of capital. Earnings Performance Net income grew 16% over five years , while the broader industry saw a 3.5% decline . Strong ROE combined with above-average profit retention has supported steady earnings expansion. Dividend Policy & Retained Earnings Median payout ratio: 58%, leaving 42% for reinvestment. Despite paying out most of its profits as dividends, the company has maintained earnings growth. Shenzhen Mindra...