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.
Today, we gonna go back to basics and talk about one of the most fundamental analysis that we look at in investment of a stock... EARNINGS PER SHARE (EPS) This is in fact one of the most carefully followed metrics in investing. Earnings per share generally means the portion of the company's profit that is allocated to each outstanding share of common stock. It is what investors look at to gauge the profitability of a company. EPS = net income - dividend to preferred shareholders average outstanding shares In practice, the weighted average number of shares is more accurate because the number of shares outstanding can change over time. There is also the diluted EPS which takes into consideration of the shares of convertibles or warrants outstanding in the outstanding shares number. Here is an important note to EPS that we feel readers/invest...