KUALA LUMPUR, May 21 (Bernama) -- Bursa Malaysia ended at its intraday low on Thursday as investor sentiment remained cautious amid ongoing foreign outflows, although the recent weakness may present bargain-hunting opportunities in fundamentally sound blue-chip counters. At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) eased 9.33 points, or 0.54 per cent, to 1,708.36, from yesterday’s close of 1,717.69. The benchmark index, which opened 3.74 points higher at 1,721.43, hit an intraday high of 1,722.50 in early trade before losing momentum for the rest of the day. Market breadth was negative, with losers outpacing gainers 656 to 508, while 565 counters were unchanged, 989 untraded and 32 suspended. Turnover fell to 3.49 billion units worth RM3.70 billion compared with 4.15 billion units worth RM4.29 billion on Wednesday.
Quick Summary 4QFY2025 net profit surged 50% to RM192.8m Boosted by RM169.2m revaluation surplus Revenue fell 25.6% due to slower progress billings Final dividend maintained at 10 sen per share Profit Boosted by Revaluation Gains Property developer UOA Development Bhd posted a sharp rise in fourth-quarter earnings, mainly driven by higher fair value gains on its investment properties. For 4QFY2025 : Net profit: RM192.76 million ( +50.3% YoY ) Revenue: RM174.72 million ( -25.6% YoY ) The earnings surge was supported by a RM169.2 million revaluation surplus , significantly higher than RM44.24 million recorded a year ago. Key point: Profit growth was valuation-driven rather than operational. Operational Performance Revenue contribution came from progressive billings of: Bamboo Hills Residences Bangsar South medical centre Aster Hill Duo Tower Gross margin remained resilient at 35.48% (vs 37.38% previously), indicating stable...