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.
The solar photovoltaic (PV) sector in Malaysia shows strong long-term potential despite subdued recent earnings . Analysts remain confident about the industry's outlook, driven by government initiatives , an expanding order book, and growing adoption of renewable energy. Key Highlights Earnings Snapshot Solarvest Holdings Bhd (KL:SLVEST) : 2QFY2025 net profit rose 28% to RM9.2 million , compared to RM7.2 million a year ago. First-half earnings reached RM17 million, aligning with expectations of RM41 million full-year profit . Order book surged from RM469 million to RM961 million , suggesting stronger performance in the second half. Samaiden Group Bhd (KL:SAMAIDEN) : 1QFY2025 net profit increased 12.7% to RM3.34 million , compared to RM2.96 million a year ago. Order book rose from RM315 million to RM521 million , positioning it for growth in 2HFY2025 . Challenges for Others : Sunview Group Bhd struggled to convert contracts into revenue, while Reservoir Link Energy Bhd reported...