KUALA LUMPUR, July 31 (Bernama) -- Bursa Malaysia ended higher on Friday as investors continued to accumulate blue-chip stocks in line with stronger performances across most regional markets. At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) rose 4.50 points to 1,724.90 from yesterday’s close of 1,720.40. The benchmark index opened 0.83 of a point higher at 1,721.23, and moved between 1,715.67 and 1,730.12 throughout the day. The broader market was positive with gainers outpacing losers 707 to 402, while 547 counters were unchanged, 1,085 untraded and 56 suspended. Turnover expanded to 3.03 billion units valued at RM3.56 billion from 2.49 billion units valued at RM2.25 billion on Thursday.
Technical Outlook Li Auto’s stock is trading above both its 20-day and 50-day moving averages, showing a strong upward trend. Technical indicators like the MACD suggest positive momentum. If the price breaks above HKD 122 with strong volume, the next resistance is at HKD 125. Business Summary Li Auto designs and sells smart electric SUVs in China. The company is part of the growing new energy vehicle sector and benefits from strong domestic demand. Financial Highlights (in million HKD) Year Revenue Net Profit Profit Margin FY2025F 178,826 11,009 6.2% FY2026F 231,437 16,196 7.0% FY2027F 269,323 20,532 7.6% Net profit is expected to grow 27% annually over the next 3 years , showing Li Auto is becoming more efficient and profitable. Profit margins are stable at around 7%, which is strong for the auto industry. Balance Sheet (FY2024): The company’s assets far exceed liabilities , showing financial strength. Equity base remains solid , and net gearing is low, meaning low debt risk. Key...