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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.

DRB-Hicom Jumps 8% After Earnings Beat — Is the Turnaround Real?

Shares of  DRB-Hicom Bhd  surged to a three-month high after delivering earnings well above expectations. The stock climbed as much as 8% to RM1.24, valuing the group at roughly RM2.4 billion. But beneath the headline beat, analyst opinions remain sharply divided. What Drove the Surprise According to  Hong Leong Investment Bank : 4QFY2025 core PATAMI: ~RM136 million FY2025 core earnings: ~RM178 million Earnings came in at 189% of HLIB’s forecast Key drivers: Strong Proton vehicle sales Improved margins Land sales contribution Proton highlights: 19,800 units sold in January 2026 (record high) Over 100,000 bookings for Saga MC3 3,000+ deliveries of e.MAS 5 EV in January Consolidation of manufacturing at Tanjung Malim for cost efficiency Money Master Take This is a classic case of  headline beat vs structural sustainability . 1️⃣ Proton Is Carrying the Story The turnaround narrative rests heavily on Proton. Sales momentum is strong EV adoption gaining traction Geely reg...

Proton Crosses 100,000-Unit Sales in 2025 After Strongest Month in Three Years

Proton Holdings Bhd achieved a milestone in August 2025, recording its highest monthly sales in three years and surpassing 100,000 units sold year-to-date, cementing its position as Malaysia’s second-largest carmaker. Record Monthly Sales August sales:  15,228 units, Proton’s best performance since 2022. Year-to-date (YTD):  100,902 units, crossing the six-figure mark. Market share:  20.6% in August (+1.3ppt m/m), bringing YTD share to 19.5%. Industry context:  August total industry volume estimated at 73,890 units, the highest monthly figure so far this year. Model Performance Proton Saga:  6,331 units in August, YTD total 44,676 — remains the brand’s best-seller. Proton X50:  4,287 units in August, 999 in July — over 5,000 delivered within 38 days of launch. Proton S70:  1,210 units in August. Proton X90:  220 units in August. Proton X70:  627 units in August, YTD 5,598. Persona:  1,379 units. Iriz:  305 units. EV Momentum Proton ...

Malaysia Auto Sales Outlook: February Rebounds, But FY2025 Still Faces 8% Drop

 Despite a rebound in February, Malaysia’s auto sector is off to a sluggish start in 2025. Analysts from  Hong Leong Investment Bank (HLIB)  and  RHB Research  are keeping a  Neutral  stance on the sector, citing softening momentum and fading post-pandemic order backlogs. TIV Outlook: A Normalisation Year According to the  Malaysian Automotive Association (MAA) , total industry volume (TIV) surged 30.1% month-on-month to  63,906 units  in February 2025, helped by more working days. But on a year-to-date basis, TIV slumped  13.9%  to  113,100 units , reflecting a return to normal after a record-breaking 2024. HLIB forecasts  full-year TIV to decline 8.2% to 750,000 units , below MAA’s projection of 780,000 units. Slower new bookings and reduced backlogs are cited as key drivers, though new model launches may help support volumes. Market Leader: Perodua Holding Steady Perodua continues to lead with  31,400 units so...

Proton's July Sales Surge 37.3%, Marking Highest Since September 2022

Proton Holdings Bhd achieved a remarkable sales performance in July, with 15,103 cars sold, reflecting a 37.3% increase over the previous month. This marks the highest monthly sales figure since September 2022, encompassing both domestic and export markets. Key Highlights Record Sales for July: The month of July witnessed Proton's best sales in 2024, setting a positive trajectory for the second half of the year. Proton Edar's CEO Statement: Roslan Abdullah, CEO of Proton Edar, expressed optimism about the company's prospects, citing several upcoming initiatives: 2025 Proton X70 Launch: Scheduled for August, this model is expected to further bolster sales. First Malaysian EV: Proton is rapidly advancing preparations for the launch of its first electric vehicle (EV), marking a significant milestone for the company and the Malaysian automotive industry. Year-to-Date Sales Performance Total Sales: Year-to-date (YTD) sales up to the end of July reached 88,799 units . Total ...