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Market Daily Report: Bursa Malaysia Ends Higher On Blue-Chip Buying, Tracks Most Regional Markets

KUALA LUMPUR, July 31 (Bernama) -- Bursa Malaysia ended higher on Friday as investors continued to accumulate blue-chip stocks in line with stronger performances across most regional markets. At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) rose 4.50 points to 1,724.90 from yesterday’s close of 1,720.40. The benchmark index opened 0.83 of a point higher at 1,721.23, and moved between 1,715.67 and 1,730.12 throughout the day. The broader market was positive with gainers outpacing losers 707 to 402, while 547 counters were unchanged, 1,085 untraded and 56 suspended. Turnover expanded to 3.03 billion units valued at RM3.56 billion from 2.49 billion units valued at RM2.25 billion on Thursday.

EPS Explosion: Why Wuxi Double Elephant Is Catching Investors' Eyes!

  +676% EPS Growth in 1 Year — And Still Flying Under the Radar? Fast Facts: EPS surged from  CN¥0.25 to CN¥1.94  in just one year Revenue and EBIT margins are both on the rise EBIT margin improved by  4.4 points  to  7.7% CEO earns just  CN¥800K , below market median —  a sign of discipline Why It Matters: In a world of speculative tech plays,  Wuxi Double Elephant  stands out with  real profits, real growth , and  shareholder-friendly leadership . What Investors Love: Profitable, growing business Sensible management pay Strong financial fundamentals Improving margins and sales Signs of inflection point:  Is this just the beginning?