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.
While headlines often focus on high-growth tech or turnaround plays, Ferretti Group — the Italian luxury yacht maker listed in Hong Kong — is steadily carving a place in portfolios that favor profitable, cash-generating growth with strong insider alignment . Earnings Momentum Worth Watching Ferretti’s compound annual growth rate (CAGR) for EPS stands at an impressive 20% over the past three years , underscoring consistent performance in a cyclical luxury market. Latest results show revenue growth of 8.7% YoY , hitting €1.3 billion , with EBIT margins holding firm. For investors, that’s a signal of stable operating leverage , not just temporary tailwinds. Insiders Are Buying — With Conviction In the past year, Ferretti insiders have accumulated over €37 million worth of shares , with zero disposals reported. Among the buyers, Czech billionaire Karel Komarek led the charge with a HK$21 million purchase , at...