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Market Daily Report: Bursa Malaysia Ends Nearly Flat As Construction Stocks Attract Buying

 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.

AMC Stock Rises as Q4 Revenue Beats Estimates, CEO Slams 'Conspiracy Theorists'

Strong Q4 Performance Boosts AMC Stock AMC Entertainment (AMC.US) shares rose 1.4% in extended trading  after reporting  better-than-expected Q4 revenue  of  $1.306 billion , up from  $1.104 billion  YOY, beating analyst expectations of  $1.291 billion . Fourth-quarter admissions revenue reached $721.4 million , surpassing the expected $719 million. Food & beverage sales climbed to $446.2 million , exceeding projections of  $437 million . Earnings and Outlook AMC’s Q4 net loss narrowed to $135.6 million (35 cents per share)  from  $182 million (83 cents per share) YOY . Adjusted loss per share was  18 cents , in line with analyst expectations. 62 million moviegoers visited AMC theaters , marking a  post-pandemic record and a 20% YOY increase . CEO Adam Aron expects 2025 to be a strong year , driven by major releases like  "Wicked Part 2," "Zootopia 2," and the next "Avatar" film . CEO Claps Back at Critics Aron address...

Star Wars smashes US Box Office record

It is official....Star Wars: The Force Awakens have smashed the US Box Office record. The previous record, was set by Jurassic World in June with $208.8m. Disney's Star Wars smashes the record for the biggest box office debut weekend in North America with ticket sales of $238m. Star Wars: The Force Awakens   The new Star Wars film has taken an estimated $517m globally in three days - putting it just behind Jurassic World's $525m tally. While it fail to top Jurassic World's global opening figures, analysts believe the space saga has a huge potential to become the biggest-selling movie of all time, especially since Jurassic World's figure has taken into account of their opening in China which was over the same weekend where it opened everywhere else. Star Wars: The Force Awakens, on the other hand will not debut in the world's second biggest cinema-going territory until 9 January.  With the trio stars from the original trilogy, Harrison Ford, Carrie Fisher ...

Star Wars: Can it beat "Avatar" in the box office?

In 2005, it appeared that the Star Wars saga was officially over. Lucasfilm and Twentieth Century Fox released Star Wars Episode III: Revenge of the Sith, which completed the prequels trilogy and tied the story back to the first film in the series. It was done...finished. Period. But then come Disney. In October 2012 the studio brokered a $4.05 billion deal to buy Lucasfilm, and with the deal came the announcement that they would be starting production on a whole new trilogy of Star Wars films that would keep the epic story going for years and years to come. Now that we are less than a week to the release of the movie Star Wars: The Force Awakens, the question remains: How big will this be? Can Star Wars: The Force Awakens set new record in the box office? GALAXY-SIZE EXPECTATIONS? Star Wars: The Force Awakens opening on Friday is already setting records for pre-opening ticket sales....but the expectation is higher....can Star Wars beat "Avatar" in the...