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.
Analyst Recommendation : BUY Target Price : HKD 5.20 Current Price : HKD 4.70 Potential Upside : +10.6% Dividend Yield : 3.0% Analyst Consensus : Buy: 19 Hold: 2 Sell: 0 Key Financials Metric FY2025F FY2026F FY2027F Revenue (HKD m) 693,802 724,286 758,069 Net Profit (HKD m) 255,967 261,661 273,432 Net Margin ~36.9% ~36.1% ~36.1% Forward P/E 7.36x Market Cap HKD 1.88 tn Technical Overview Price Trend : Holding above both 20-day and 50-day EMAs – short-term bullish trend. MACD in positive territory and above the signal line – bullish momentum . Resistance/Support : Resistance : HKD 4.80 (52W high), HKD 5.00 Support : HKD 4.60 , HKD 4.48 A breakout above HKD 4.80 with volume may drive it towards HKD 5.00+ . Performance Highlights YTD Return : +25.8% Free Float : 95% Exchange : Hong Kong Key Takeaways Stable growth expected: ~6% net profit CAGR over 3 ye...