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Market Daily Report: Bursa Malaysia Ends Nearly Flat As Construction Stocks Attract Buying

 KUALA LUMPUR, Sept 8 (Bernama) -- Bursa Malaysia closed almost flat on Tuesday as buying interest rotated away from index heavyweights towards smaller-cap construction stocks, with sentiment affected by geopolitical uncertainty, said an analyst. At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) eased 0.39 of a point to 1,714.40 from Monday’s close of 1,714.79. The benchmark index opened 1.65 points lower at 1,713.14 and moved between 1,710.44 and 1,714.50 throughout the trading session. The broader market was almost evenly balanced, with decliners leading gainers 548 to 546, while 598 counters were unchanged, 1,107 were untraded and 25 were suspended. Turnover expanded to 4.13 billion units valued at RM3.14 billion from 3.60 billion units valued at RM2.45 billion on Monday.
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Maybank 4Q Profit Up 5.7%, Declares 33 Sen Dividend as Asset Quality Stays in Focus

Quick Summary 4QFY2025 net profit rose 5.7% YoY to RM2.68b Declared  33 sen dividend FY2025 net profit climbed  4.2% to RM10.51b CET1 ratio improved to  15.1% , signalling strong capital buffer Stronger Quarter Backed by Higher Interest Income Malaysia’s largest lender,  Malayan Banking Bhd  (Maybank) , posted a solid finish to 2025, driven by lower provisions and higher interest income. 4QFY2025 Highlights Net profit:  RM2.68 billion ( +5.7% YoY ) Net interest income:  RM5.8 billion ( +7.6% YoY ) Other operating income:  RM1.5 billion ( -23% YoY ) Dividend declared:   33 sen per share Lower impairment charges helped lift bottom-line growth despite weaker fee and trading income. Full-Year FY2025 Performance Net profit:  RM10.51 billion ( +4.2% YoY ) Net interest income:  RM20.23 billion ( +2.7% YoY ) Non-interest income:  RM10.15 billion ( +2.7% YoY ) Operating expenses:  RM14.84 billion ( +2.6% YoY ) Cost discipline impro...
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Asian Stocks and Currencies Surge as Powell Signals Fed Pivot

Asian financial markets rallied on Monday after Federal Reserve Chair  Jerome Powell  signaled a dovish policy stance at Jackson Hole, boosting risk sentiment across regional equities and currencies. The  Malaysian ringgit  gained  0.6% to 4.20 per USD , its sharpest intraday rise in three weeks, while the  Indonesian rupiah  climbed  0.5% to a one-week high . The  Taiwan dollar  advanced 0.6% and the  Indian rupee  strengthened 0.2%. Equities also posted strong gains, led by  Taipei’s benchmark index (+2.5%) , buoyed by semiconductor shares. Jakarta and Seoul rose over 1%, while Bangkok added 0.7%. Fed Pivot Boosts Risk Assets Powell highlighted growing risks to the US job market, reinforcing expectations of monetary easing: 80% probability  of a  25bps Fed rate cut in September  (Sept 16–17 FOMC). Nearly  50bps of cumulative easing priced in by year-end . The  US dollar index  stayed near a ...
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