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.
Technical Outlook Li Auto’s stock is trading above both its 20-day and 50-day moving averages, showing a strong upward trend. Technical indicators like the MACD suggest positive momentum. If the price breaks above HKD 122 with strong volume, the next resistance is at HKD 125. Business Summary Li Auto designs and sells smart electric SUVs in China. The company is part of the growing new energy vehicle sector and benefits from strong domestic demand. Financial Highlights (in million HKD) Year Revenue Net Profit Profit Margin FY2025F 178,826 11,009 6.2% FY2026F 231,437 16,196 7.0% FY2027F 269,323 20,532 7.6% Net profit is expected to grow 27% annually over the next 3 years , showing Li Auto is becoming more efficient and profitable. Profit margins are stable at around 7%, which is strong for the auto industry. Balance Sheet (FY2024): The company’s assets far exceed liabilities , showing financial strength. Equity base remains solid , and net gearing is low, meaning low debt risk. Key...