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.
Aston Martin Lagonda Global Holdings Plc has revised its guidance for the year, citing supply chain disruptions and weak demand in China as key factors impacting its performance. The luxury sports-car manufacturer now anticipates annual sales to be approximately 1,000 vehicles lower than previously expected. Adjusted earnings before interest, tax, and amortization are projected to fall slightly below last year's figures, and Aston Martin no longer expects to generate positive free cash flow in the latter half of the year. This outlook adjustment reflects a broader trend in the automotive industry, with major manufacturers like Volkswagen AG , Mercedes-Benz Group AG , BMW AG , and Stellantis NV also reducing their forecasts due to declining demand in China. Aston Martin is grappling not only with a downturn in sales but also with delayed component deliveries , leading to longer production times for its vehicles. The company, which was rescued by billionaire Lawrence Stroll ...