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.
Rolls-Royce (UK:RR) extended its remarkable rally on Thursday, raising its underlying operating profit guidance to a midpoint of £3.15B (from £2.8B) and upgrading free cash flow expectations. Shares of the British engine maker surged 9% to a fresh all-time high , with its five-year return now averaging 64% annually , second only to Nvidia’s (NVDA.US) 76% among major global names. Key Drivers: Civil Aviation: “Strong” large engine aftermarket demand continues to power recovery in aviation. Power Systems: Boosted by data center expansion and government contracts. Military Demand: Stable defense business providing earnings resilience. Analyst Expectations: Street consensus had forecast £2.87B underlying operating profit. Free cash flow is now expected to exceed prior guidance. Market Context: Rolls-Royce has been one of the UK market’s standout performers, benefiting from post-pandemic aviation recovery and growth in mission-critical po...