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.
Earnings Release: Friday, pre-market (Aug 29, 2025) Ticker: $BABA (NYSE) Current Price: $120.45 (-1.4% Thursday) 52-Week Range: $80.06 – $148.43 YTD Performance: +41.8% Street Expectations Revenue: US$34.26 billion (vs. US$33.47 billion YoY) EPS: US$1.95 (vs. US$2.26 YoY) Earnings Track Record: Beat EPS estimates in 7 of the last 10 quarters (including the last two). Missed revenue in Q4, but historically beat in 7 of last 10 quarters . Analyst Sentiment Several brokers, including Barclays and Bank of America , have trimmed price targets ahead of the release. Hedge funds such as Bridgewater, Appaloosa, and Coatue have reduced exposure to Chinese equities, including Alibaba. Key Themes to Watch 1. AI and Cloud Momentum Alibaba Cloud remains a critical growth engine. Q4 Cloud Intelligence Group revenue: +18% YoY, outperforming most other segments. Growth driven by AI-related product adoption . ...