KUALA LUMPUR, Nov 5 (Bernama) -- Bursa Malaysia closed higher, buoyed by Bank Negara Malaysia’s (BNM) decision to maintain the Overnight Policy Rate (OPR) at 2.75 per cent, alongside positive cues from Wall Street. At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) rose 19.30 points, or 1.19 per cent, to 1,635.86 from Wednesday’s close of 1,616.56. The benchmark index opened 6.72 points higher at 1,623.28, and fluctuated between an intraday high of 1,642.44 and a low of 1,622.62 during the trading session. However, market breadth was negative, with losers outnumbering gainers 723 to 497, while 466 counters were unchanged, 1,075 untraded and 10 suspended. Turnover rose to 3.74 billion units valued at RM3.61 billion compared with yesterday’s 2.81 billion units valued at RM2.57 billion.
Stock Snapshot Current Price : HKD 10.60 52W High/Low : HKD 13.60 / 6.57 Market Cap : HKD 131.5B Forward P/E : 11.47x Dividend Yield : 4.0% YTD Return : +3.2% Analyst Consensus : ★★★★★ (31 Buy / 4 Hold / 0 Sell) Target Price : HKD 13.22 → +24.7% Upside Technical Outlook: Momentum Building Lenovo closed with a long white candle on strong volume, breaking out of consolidation and above both 20- and 50-day EMAs — confirming a bullish near-term trend. A breakout above HKD 10.70 would confirm further momentum. EMA crossover and widening gap suggest increasing positive strength. 📈 “BUY with 24.7% upside and strong technical indicators,” – Rakuten Research Fundamentals & Growth Revenue Forecast : FY2025: HKD 530.3B FY2026: HKD 591.2B FY2027: HKD 635.0B Net Profit Forecast : FY2025: HKD 11.47B FY2026: HKD 12.50B FY2027: HKD 14.46B 3-Year Net Profit CAGR : +13% Net Margins : ~2.3% Free Float : 54% Business Overview Len...