Bank Negara Malaysia declared a RM5 billion dividend for 2025 , maintaining payouts to the government despite a moderation in earnings . Earnings Ease After Strong Prior Year BNM reported net profit of RM12.45 billion in FY2025 , down 5.7% YoY from RM13.16 billion. The decline was driven by: Lower total income (RM14.35 billion vs RM14.98 billion) Costs related to reserve management and monetary operations Despite softer earnings, the central bank sustained its second consecutive RM5 billion dividend , following a record RM5.25 billion payout in 2024 . Strong Reserves Provide Stability A significant portion of profits — RM7.45 billion — was allocated to the risk reserve , which rose to RM155.31 billion . This reserve acts as a financial buffer against: Exchange rate volatility Global financial market fluctuations BNM highlighted that 85% of its assets are denominated in foreign currencies , re...
KUALA
LUMPUR (Aug 16): The FBM KLCI rose 1.36 points or 0.1% as the
geopolitical tension between the US and North Korea receded. The KLCI
erased losses after falling with index-linked plantation shares.
At 5pm, the KLCI closed at 1,773.75 points after falling to its intraday low at 1,771.6 points.
“The market today is quite flat, no local catalysts in sight except for more corporate results coming in [within these two weeks]...also markets seem to have calmed down from the US and North Korea tensions earlier,” JF Apex Securities Bhd senior analyst Lee Cherng Wee told theedgemarkets.com.
Reuters reported that the dollar hoarded hefty gains on Wednesday after strong US retail sales revived the chance of another Federal Reserve rate hike this year, while Asia stocks inched ahead as tensions in the Korean peninsula went off the boil.
It was reported that North Korean leader Kim Jong Un has delayed a decision to fire missiles towards Guam while he waits to see what the United States does, as Washington said any dialogue was up to Kim.
At Bursa Malaysia, the KLCI fell earlier as investors sold plantation shares on news Malaysian crude palm oil (CPO) futures dropped more than 1% today. Malaysian CPO had tracked overnight soyoil losses on the Chicago Board of Trade as both commodities are substitutes to each other.
CPO's price drop had an apparent impact on Malaysian shares as plantation companies topped Bursa Malaysia decliners. United Plantations Bhd shares topped decliners followed by Genting Plantations Bhd warrants.
Across Bursa Malaysia, 1.72 billion shares valued at RM1.8 billion were traded. Gainers outweighed decliners at 498 against 283 respectively.
Source: The Edge
At 5pm, the KLCI closed at 1,773.75 points after falling to its intraday low at 1,771.6 points.
“The market today is quite flat, no local catalysts in sight except for more corporate results coming in [within these two weeks]...also markets seem to have calmed down from the US and North Korea tensions earlier,” JF Apex Securities Bhd senior analyst Lee Cherng Wee told theedgemarkets.com.
Reuters reported that the dollar hoarded hefty gains on Wednesday after strong US retail sales revived the chance of another Federal Reserve rate hike this year, while Asia stocks inched ahead as tensions in the Korean peninsula went off the boil.
It was reported that North Korean leader Kim Jong Un has delayed a decision to fire missiles towards Guam while he waits to see what the United States does, as Washington said any dialogue was up to Kim.
At Bursa Malaysia, the KLCI fell earlier as investors sold plantation shares on news Malaysian crude palm oil (CPO) futures dropped more than 1% today. Malaysian CPO had tracked overnight soyoil losses on the Chicago Board of Trade as both commodities are substitutes to each other.
CPO's price drop had an apparent impact on Malaysian shares as plantation companies topped Bursa Malaysia decliners. United Plantations Bhd shares topped decliners followed by Genting Plantations Bhd warrants.
Across Bursa Malaysia, 1.72 billion shares valued at RM1.8 billion were traded. Gainers outweighed decliners at 498 against 283 respectively.
Source: The Edge
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