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Market Daily Report: Bursa Malaysia Ends Lower Amid Broad-based Selling

KUALA LUMPUR, Nov 12 (Bernama) -- Bursa Malaysia extended its losing streak for a fourth consecutive session, closing lower on Thursday amid continued broad-based selling that weighed on market sentiment, an analyst said. At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) slid 9.23 points or 0.57 per cent to 1,585.96 from Wednesday's close of 1,595.19. The benchmark index opened 3.61 points lower at 1,591.58 and fluctuated between an intraday low of 1,583.66 and a high of 1,592.89 throughout the day. Market breadth remained negative with losers thumping gainers 799 to 318, while 476 counters were unchanged, 1,181 untraded and 13 suspended. Turnover climbed to 3.06 billion units valued at RM2.56 billion compared with yesterday’s 2.90 billion units valued at RM2.33 billion.

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?