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.
Thermo Fisher Scientific (TMO) jumped over 13% intraday , hitting $487.93 , after posting a strong Q2 earnings beat that reassured investors. Earnings Snapshot – Q2 2025 EPS (adjusted): $5.36 (flat YoY) > vs. $5.23 expected Revenue: $10.85B (+3% YoY) > beat by $173M Growth was fueled by: Life Sciences Solutions: +6% YoY Lab Products & Biopharma Services: +4% YoY However, operating margins slipped 40bps to 21.9% , as cost pressures remain an ongoing concern. Analyst View (CFRA): TMO’s diversified business model and key partnerships —like the expanded collaboration with Sanofi —strengthen its positioning. Revenue outlook for 2025: +1.9% YoY after a flat 2024. While macro uncertainty continues, TMO’s leadership in core markets could cushion external risks. Investor Takeaway: The beat was modest in numbers but significant in sentiment —investors are res...