Malaysia’s benchmark index retreated as profit-taking in key heavyweights weighed on sentiment, while overall market activity remained active. Summary FBM KLCI fell 0.83% to 1,684.93 , dragged by losses in banking and selected large-cap names, despite steady trading participation. Market Performance FBM KLCI : 1,684.93 (-0.83%) FBM Mid 70: -0.00% (flat) FBM Small Cap: -0.23% FBM ACE: +0.20% Broad market was mixed , with weakness concentrated in large caps. Market Breadth & Trading Activity Total volume: 3.54 billion shares Total value: RM4.19 billion Gainers: 456 Losers: 678 Unchanged: 550 Market breadth turned negative , reflecting cautious sentiment. Top Movers – KLCI Gainers Axiata (6888.MY) +1.54% Petronas Gas (6033.MY) +1.18% Sunway (5211.MY) +1.15% Losers Hong Leong Bank (5819.MY) -3.29% Maybank (1155.MY) -3.02% CIMB (1023.MY) -2.47% Banking sector weakness was the main ...
Malaysia's international reserves dipped slightly to US$118.1 billion as of Dec 13, 2024, down from US$118.3 billion two weeks earlier, according to a statement by Bank Negara Malaysia (BNM) on Friday.
Key Highlights
Reserves Position
- The reserves are sufficient to:
- Finance 4.6 months of imports of goods and services.
- Cover 0.9 times the country’s short-term external debt.
Breakdown of Reserves
- Foreign Currency Reserves:
- Declined slightly to US$105.1 billion (Nov 29: US$105.4 billion).
- Special Drawing Rights (SDRs):
- Increased to US$6 billion (Nov 29: US$5.9 billion).
- International Monetary Fund (IMF) Reserves Position:
- Remained unchanged at US$1.3 billion.
- Gold:
- Steady at US$3.3 billion.
- Other Reserve Assets:
- Unchanged at US$2.4 billion.
BNM’s Total Assets and Currency in Circulation
- Total Assets:
- Rose to RM597.36 billion (Nov 29: RM595.77 billion).
- Currency in Circulation:
- Stood at RM167.59 billion.
Comments
Post a Comment