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.
Q2FY25 Highlights Total US Revenue: +68% YoY Government: +53% YoY – boosted by a landmark 10-year, US$10bn US DoD contract consolidating 75 prior Army contracts. Commercial: +93% YoY – strong enterprise AI adoption; acceleration from +71% in Q1. Global Growth: Overseas expansion slower, but US momentum drove 8th straight quarter of accelerating revenue growth . Operating Margins: Significant improvement; sector-leading 46% guided for FY25 . Key Strategic Wins Defense AI Leadership: TITAN program – truck-mounted AI analysis platform; Palantir as prime contractor with NOC & LHX supplying hardware. Signals shift in military procurement toward software-led systems. Guidance Q3FY25: ~50% YoY revenue growth. FY2025: Revenue growth raised from 36% → 45% , with operating margin at 46%. Analyst View Strong AI & defense positioning reinforces Palantir as top-tier AI player wi...