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.
United Airlines (UAL) shares slipped in after-hours trading as the airline posted a year-on-year drop in Q2 earnings and trimmed its full-year 2025 profit forecast, raising concerns among investors despite beating analyst expectations for the quarter. Q2 Performance Snapshot: Adjusted EPS: $3.87 vs. $4.14 (Q2 2024) (Beats FactSet estimate of $3.81) Revenue: $15.24 billion vs. $14.99 billion a year ago (Misses FactSet estimate of $15.36 billion) While the airline managed to grow revenue slightly, it still came in below expectations, and the earnings per share declined compared to last year. Forward Guidance: Q3 EPS Outlook: $2.25–$2.75 (Analyst estimate: $2.58) Full-Year EPS Forecast: Revised down to $9–$11 (Previous guidance: $11.50–$13.50 | FactSet consensus: $10.03) The downward revision in its 2025 guidance reflects headwinds including cost pressures and uncertain travel demand recovery in the second half of the year. Despite a 2.42% gain in regular trad...