Skip to main content

Featured Post

Market Daily Report: FBM KLCI Closes Marginally Higher, In Line With Regional Peers

KUALA LUMPUR, March 14 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) ended the week slightly higher, in line with regional indices despite the weaker performance on Wall Street overnight. At 5 pm, the FBM KLCI rose 2.12 points or 0.14 per cent to 1,512.15 from Thursday’s close of 1,510.03.  The market bellwether opened 10.08 points lower at 1,499.95, and moved between 1,493.29 and 1,516.25 throughout the day.  On the broader market, gainers outpaced losers with 680 to 292, while 437 counters were unchanged, 1,009 untraded, and 13 suspended. Turnover was marginally lower at 3.24 billion units worth RM2.5 billion from 3.25 billion units worth RM2.90 billion on Thursday.

Malaysia Morning Wrap: Intel Soars 14% After New CEO Appointment, U.S. Stocks Tumble

Wall Street Recap:

  • U.S. stocks saw a sharp decline on Thursday, with S&P 500 entering correction territory, down 1.39%, and the Nasdaq falling 1.96%.
  • Trade tensions escalated, particularly over tariffs: President Trump threatened 200% tariffs on EU alcoholic beverages in retaliation to the EU’s proposed 50% duty on American whiskey.
  • Despite positive inflation news, with the Producer Price Index staying flat, trade war fears overshadowed market sentiment.

Stocks to Watch:

  • Intel (INTC.US) surged 14.6% after announcing the appointment of Lip-Bu Tan, former Cadence Design Systems CEO, as the new chief executive.
  • Adobe (ADBE.US) faced a steep 13.9% drop due to disappointing Q2 guidance, overshadowing better-than-expected Q1 results.

Bursa Market Insight:

  • The FTSE Bursa Malaysia KLCI rebounded 1.70%, reaching 1,510.03 after a five-day sell-off. The rebound was driven by bargain hunting, particularly in construction and banking sectors.
  • The index entered oversold territory, encouraging investors to pick up undervalued stocks. However, concerns about slowing Western demand for Asian exports remain a key concern.
  • Analysts expect the FBM KLCI to trade between 1,500 and 1,530 in the near term, with continued accumulation likely.

Healthcare Sector Outlook:

  • RHB Investment Bank sees a strong 2025 for Malaysia’s healthcare sector, driven by investor demand and an ageing population. New government health insurance plans are boosting access, though DRG pricingchallenges may affect sentiment.
  • KPJ Healthcare remains the top pick, with an “overweight” sector rating.

Stocks to Watch:

  • UWC (5292.MY) reported a strong 2QFY2025, with net profit more than doubling year-on-year, benefiting from the semiconductor industry’s recovery. No dividend was declared.
  • APOLLO (6432.MY) showed mixed results in 3QFY2025, with a slight revenue increase due to higher domestic sales, but net profit dropped sharply due to lower profit margins and the absence of one-time gains.
  • HIBISCS (5199.MY) declared its third interim dividend, raising the total for FY2025 to seven sen per share, with confidence in meeting its dividend guidance based on oil price forecasts.

Comments

Popular posts from this blog

特朗普考虑保罗·阿特金斯接任SEC主席,或推动加密货币监管转型

据彭博社报道,美国候任总统唐纳德·特朗普正在考虑由 保罗·阿特金斯 (Paul Atkins)接替即将卸任的证券交易委员会(SEC)主席 加里·根斯勒 (Gary Gensler)。阿特金斯以其支持数字资产的立场闻名,这一任命可能为SEC的加密货币监管政策带来重大转变。 事件概况 阿特金斯的背景 : 阿特金斯曾在乔治·W·布什政府期间担任SEC专员。他一直推动制定明确且平衡的加密货币法规,力求为金融科技创新提供支持。 行业经验 : 离开SEC后,阿特金斯领导了 Patomak Global Partners ,一家为主要金融公司提供咨询的机构。他主张简化监管流程以鼓励创新,同时确保市场完整性。 其他候选人 : 马克·乌耶达 (Mark Uyeda):现任SEC专员 希斯·塔伯特 (Heath Tarbert):前商品期货交易委员会(CFTC)主席 罗伯特·斯特宾斯 (Robert Stebbins):Willkie Farr & Gallagher LLP合伙人 特朗普的亲加密货币立场 特朗普承诺终结根斯勒领导下的SEC“反加密货币运动”。根斯勒的任期因FTX崩盘等丑闻后的强力执法而备受争议,被批评为给行业带来了不确定性。 阿特金斯的潜在任命与特朗普的目标一致,即在保障市场完整性的同时,通过更加友好的监管政策推动数字资产的发展。 接下来会发生什么? SEC主席的任命预计将在未来几天内敲定。如果阿特金斯接任,这将表明SEC将采取更注重创新的监管方式,为加密货币行业带来更大的确定性和发展空间。

Capital A 股价下跌,因外汇驱动的第三季度业绩低于预期

Capital A Bhd 在周五早盘交易中股价下跌7%,至1.01令吉,市值降至46亿令吉。这是由于其2024财年第三季度业绩未达到大多数分析师预期,尽管受益于外汇收益提振。 2024财年第三季度亮点: 核心税后及少数股东权益后亏损 (Latmi):  1.434亿令吉,令2024财年前9个月的税后亏损达到1.195亿令吉。 业绩未达  香港联昌投资银行(HLIB)预计的7.549亿令吉的税后净利(Patmi),但与市场普遍预测的4.59亿令吉税后净利一致。 剔除例外项目 (EIs):  共计12亿令吉,主要由于15亿令吉的外汇收益,但被递延税务损失部分抵销。 环比表现: 核心Latmi从上一季度的5,760万令吉恶化至1.434亿令吉,主要受以下因素影响: 季节性收益率疲弱; 成本增加; ADE MRO(维修、保养及翻修)业务因6个新机库的启动成本造成亏损。 未来展望: 预计2024财年第四季度表现将有所改善,得益于: 更高的机队容量; 季节性需求和收益率的改善; 喷气燃料价格下降及美元贬值; 来自新ADE机库的运营贡献。 待决事项: 航空业务出售:  正等待法院批准出售给亚航长途(AirAsia X Bhd, KL:AAX),预计在2025财年第一季度完成。 PN17状态:  出售后仍维持,预计在2025财年上半年完成相关解决方案。 联昌投资银行(HLIB)建议: 维持“买入”评级,目标价为1.68令吉,估值基于航空业务为68亿令吉,非航空业务为21.5亿令吉。 尽管短期面临挑战,Capital A 的长期增长前景依然受到更强的季节性表现和战略举措的支持。

INTC Share Watch and News

Stock Info Market Monitor Company Profile Intel Corporation designs, manufactures, and sells integrated circuits for computing and communications industries worldwide. It offers microprocessor products used in notebooks, netbooks, desktops, servers, workstations, storage products, embedded applications, communications products, consumer electronics devices, and handhelds. The company also offers system on chip products that integrate its core processing functionalities with other system components, such as graphics, audio, and video, onto a single chip. It also provides chipset products that send data between the microprocessor and input, display, and storage devices, such as keyboard, mouse, monitor, hard drive, and CD or DVD drives; motherboards that has connectors for attaching devices to the bus, and products designed for desktop, server, and workstation platforms; and wired and wireless connectivity products, including network adapters and embedded wireless cards used to translat...