KUALA LUMPUR, Sept 2 (Bernama) -- Bursa Malaysia ended higher on Wednesday on bargain hunting following the recent sell-off, ahead of Bank Negara Malaysia’s (BNM) overnight policy rate (OPR) decision on Thursday. At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) rose 8.20 points 1,708.74, compared with Tuesday’s close of 1,700.54. The benchmark index opened 0.42 of a point better at 1,700.96 and fluctuated between 1,695.89 and 1,709.71 throughout the day. On the broader market, losers trounced gainers 746 to 424, while 554 counters were unchanged, 1,048 untraded and 17 suspended. Turnover declined to 4.20 billion units valued at RM3.52 billion from 5.52 billion units valued at RM4.42 billion on Tuesday.
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...