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 (Feb 13): The Malaysian stock market continued its positive drive for the second consecutive day, albeit at lower volume as investors are still hesitant to engage in any transactions.
The FBM KLCI closed 2.85 points or 0.16% higher at 1,833.02 today. Market breadth was positive with 495 gainers compared with 409 losers.
JF Apex Securities Bhd said trading volume decreased to 1.62 billion shares worth RM2.44 billion compared with yesterday’s 1.8 billion shares worth RM2.27 billion. "The performance of our local bourse was lifted by buying interest in heavyweight counters such as Maxis Bhd, AMMB Holdings Bhd and Hap Seng Consolidated Bhd."
Areca Capital Sdn Bhd chief executive officer Danny Wong Teck Meng said the local market is still cautious of the US markets' rebound.
"Investors are going through the ripple effects of the aftermath of last week's market sell-down in the US. I believe the market will remain relatively quiet until next week as earnings season kicks off," he told theedgemarkets.com.
Wong added that institutional investors led the buying today.
The top gainers were British American Tobacco (Malaysia) Bhd, Nestle (Malaysia) Bhd and Heineken Malaysia Bhd, while top losers were Malaysia Airports Holdings Bhd, Tasek Corp Bhd and Panasonic Manufacturing Malaysia Bhd.
Regionally, Asian stocks closed higher. Reuters reported that MSCI’s broadest index of Asia-Pacific shares outside Japan was up 1.1% after sliding to its lowest level since Dec 11 on Friday.
The Singapore's STI was up 0.89%, South Korea's KOSPI climbed 0.41%, while Hong Kong's Hang Seng Composite Index jumped 1.45% to 4,130.42 points.
Source: The Edge
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