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 (Jan 4): The FBM KLCI closed 6.05 points or 0.36% lower today after US stocks fell substantially overnight on Thursday amid weaker outlook on China's and US' economies.
At 5pm, the KLCI closed at 1,669.78. Overnight in the US, Reuters reported the Dow Jones Industrial Average fell 660.02 points or 2.83 percent, to 22,686.22, the S&P 500 lost 62.14 points, or 2.48 percent, to 2,447.89 and the Nasdaq Composite dropped 202.43 points, or 3.04 percent, to 6,463.50.
It was reported that a survey from the Institute for Supply Management (ISM) on Thursday showed US factory activity hit the brakes in December as new orders slowed sharply. It was reported that the dismal report came after Chinese data on Monday showed its manufacturing activity contracted in December for the first time in more than two years.
In Malaysia today, Malacca Securities Sdn Bhd head of research Victor Wan told theedgemarkets.com that "weak global market sentiment, mainly due to the China-US trade war, weighed on Malaysian stocks."
Across Bursa Malaysia, the bourse saw 2.2 billion shares worth RM1.29 billion traded. Top decliners included Tenaga Nasional Bhd and Malaysia Airports Holdings Bhd.
Bursa Malaysia small market capitalisation (small-cap) stocks rose. Bursa Malaysia's small-cap index closed up 129.84 points or 1.16% at 11,333.73.
Wan said small-cap stocks saw a reprieve today after being “severely beaten down” for a year.
Source: The Edge

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