MONEY MASTER

  Key Market Movements (Feb 26, 2025) FBMKLCI rose 1.32% to close at 1,588.710 , marking a strong session for Malaysian equities. FBM 70 gained 0.78% (17,003.340), while FBM SCAP edged up 0.22% (16,153.010). FBM Emas Index increased by 1.09% to 11,884.270. Top Gainers & Losers FBM KLCI Movers Top Gainer:   CDB (6947.MY) surged 3.18% to RM3.570. Top Loser:   Nestlé (4707.MY) fell 1.69% to RM88.480. FBM 70 Movers Top Gainer:   Padini (7052.MY) jumped 9.94% to RM1.770. Top Loser:   Penta (7160.MY) dropped 5.45% to RM3.120. Malaysia REITs Movers Top Gainer:   Sunway REIT (5176.MY) gained 2.15% to RM1.420. Top Loser:   IGB REIT (5227.MY) declined 1.02% to RM1.940. Most Active Stocks Maybank (1155.MY) saw high trading volume , rising  1.45% to RM8.750 , with a turnover of RM250.30 million. Summary: Malaysia’s stock market ended higher, with FBMKLCI up 1.32%. CDB led the gains, while Nestlé recorded the biggest loss on the index. Padini was the stron...

FBM KLCI: 1,776.22 pts (-0.09pts, -0.01%) The FBM KLCI (-0.01%) ended marginally lower after key index recouped most of its intraday losses amid the stronger-than-expected 2Q2017 GDP data that grew 5.8% Y.o.Y. Market breadth was negative with 357 winners compared to 472 losers, while 374 stocks closed flattish. Construction stocks like Econpile (+11.0 sen), Crest Builder (+8.0 sen) and Sunway Construction (+3.0 sen) continue to outperform its peers. Top 3 Active stocks: UMWOG (5243): RM0.33 (+2.0 sen) MTOUCHE (0092): RM0.275 (-2.5 sen) JAG (0024): RM0.145 (unch) Volume: 1.45 bln (100-day avg vol: 2.54 bln) Value: RM1.58 bln Market Breadth: ⬆️:357 ⬇️:472 Crude palm oil: RM2,679 (+RM21) Dow Futures: 21,711 pts (-22 pts) Source: Bloomberg, M+ Online

Some of these companies are likely to be in focus on Thursday (Nov 24) trade given the recent announcement, rumours and news surrounding them. Malakoff Corp Bhd seeks RM785 million against Japan's Sumitomo, Zelan in arbitration RHB Bank Bhd's 3Q net profit jumped 120.4%, driven by strong growth in operating profit before allowances IGB Corp Bhd's 3Q net profit increased 288%  Bumi Armada Bhd's 3Q slipped into red as o&G support-services saw lower revenue Malakoff Corp Bhd seeks RM785 million against Japan's Sumitomo, Zelan in arbitration Malakoff launched arbitration proceedings against Japan's Sumitomo Corp, Zelan Holdings (M) Sdn Bhd and Sumi-Power Malaysia Sdn Bhd, seeking RM785 million for breach of contracts  through its subsidiary Tanjung Bin Power Sdn Bhd (TBP), which owns the Tanjung Bin Power plant in Johor. In a filing with Bursa Malaysia today, Malakoff said the Sumitomo Zelan Consortium was engaged to provide TBP with engineeri...

The FBM KLCI fell by 4.78 points or 0.3% as Budget day 2017 draws closer and speculators are looking at a possible early election in the country as well. The KLCI closed at 1,664.72 points as at closing. FBM KLCI fell by 4.78 pts as Budget day 2017 draws closer The market has been heading south throughout the day in general with the benchmark falling to as low as 1,661.58 before recovering towards the closing. There have been speculation that the upcoming budget 2017 in the country will be an election budget, creating anxieties and uncertainties on the initiatives that the government could implement. Analysts and fund managers are expecting the market to be fluctuating in the short and mid-term according to the report by theedgemarkets.com. Unlike Malaysia, Asian shares have shown slight recovery. Bursa Malaysia saw a rather low volume today with 1.49 billion shares traded, worth about RM1.85 billion. British American Tobacco (M) Bhd lead the gainers today while U...

What a day for Bursa...another U-turn at the last minute. FBM KLCI rose at the 11th hour today to close at 1,724.75 at 5pm. T he KLCI erased losses after volatile trades earlier. Looking at Bursa, most of the export counters are being hit badly as the Ringgit seems to have find its footing. FBM KLCI closed higher after reversing losses at the 11th hour The ringgit strengthened to 4.0098 against the US dollar on crude oil gains. The exchange rate had earlier reached its strongest intraday level at 3.9805. In Asia, Japan’s Nikkei 225 was up 1.94%, while South Korea’s Kospi rose 0.35%. Hong Kong’s Hang Seng fell 0.08%. Bursa Malaysia saw 2.42 billion shares, valued at RM2.88 billion, traded. There were 396 gainers against 473 decliners. Hubline was in the top active list today while Scientex and Tenaga both lead the top gainer list. Panasonic Manufacturing (M) Bhd was the top loser for the day.  Reuters reported Asian stocks seesawed on Tuesday...

FBM KLCI closed 2.02 points higher If you have been following the Bursa Malaysia, you would probably be disappointed almost the entire day until the closing. The FBM KLCI was basically heading south the entire day before it turns green during the closing period. FBM KLCI rose 2.02 points or 0.1% after China's state margin lender resumed short-term loans and reduced borrowing cost for brokerages. Investors take margin loans to invest in shares or funds. At 5pm, the KLCI closed at 1,718.36 points. The index erased losses at the 11th hour, after falling to an intraday low at 1,707.11. In China, the Shanghai Composite rose 2.15%, while Hong Kong's Hang Seng added 0.06%. Japanese share markets were closed for a public holiday. Reuters  reported that China financial stocks such as brokerages led indexes higher, with the CSI300 financial sub-index gaining 3.3%. On Bursa Malaysia, 2.01 billion shares, worth RM2.05 billion, exchanged hands. Gainers outnumbered d...

FBM KLCI jumped 13.15 points to close at 1,716.34 The FBM KLCI saw a strong trading day today as the market jumped 13.15 points to close at its intraday high of 1,716.34.  The uptrend was in line with the regional market after the US Fed decided to keep rate on hold. The decision, reached at a two-day Federal Open Market Committee (FOMC) meeting that begun on Tuesday, resulted in renewed investor confidence in emerging markets. Across the regional market, Hong Kong's Hang Seng index was up 167.82 points or 0.82%, South Korea's KOSPI rose 4.13 points or 0.21%, and Singapore's Straits Times Index gained 15.07 points or 0.52%. Japan's Nikkei 225, however, was down 211.57 points or 1.25% while the Stock Exchange of Thailand slipped 0.43 points or 0.03%. According to Reuters, Asian shares edged higher on Friday as oil touched a 2016 high. Today, FBM KLCI saw 2.03 billion shares, valued at RM2.98 billion, traded. There were 538 gainers against...

Good news for the Malaysian market today as the benchmark index was up above the 1,700 point level at the midday break. At midday, FBM KLCI was at 1,704.51 At 12.30pm, the FBM KLCI was up 11.08 points to 1,704.51.  Gainers led losers by 396 to 282, while 321 counters traded unchanged. Volume was 962.89 million shares, valued at RM1.02 billion. The top gainers included Nestle (M) Bhd, British American Tobacco (M) Bhd, Scientex Bhd, Kuala Lumpur Kepong Bhd, Panasonic Malaysia Manufacturing Bhd, Batu Kawan Bhd, Ta Ann Holdings Bhd, Petronas Gas Bhd, CIMB Group Holdings Bhd, TAHPS Group Bhd, MISC Bhd and Genting Malaysia Bhd. The actives incuded Inix Technologies Bhd, APFT Bhd, EKA Noodles Bhd, Chin Hin Group Bhd, Vivocom International Holdings Bhd, Ranhill Holdings Bhd and CIMB. The losers included Hap Seng Consolidated Bhd, Huat Lai Resources Bhd, Ajinomoto Malaysia Bhd, Globetronics Technology Bhd, Lingkaran Trans Kota Holdings Bhd, Syarikat Takaful Malaysia Bhd, Powe...

FBM KLCI was brought back below 1,700 mark as the Asian markets were dragged down by the less-than-rosy economic prospects voiced by the Bank of Japan (BoJ). FBM KLCI closed lower, dropping below 1,700 mark The benchmark index was down by 0.55% or 9.39 points to 1,690.92 at closing. The underperformance of banking and telecommunications stocks as well as Genting Bhd has impacted the FBM KLCI as well. Across the board, gainers led losers by 409 counters to 381 counters, while 381 counters finished unchanged. There was 1.52 billion shares traded worth at RM1.704 billion. The top gainers included Kuala Lumpur Kepong Bhd, Panasonic Manufacturing Malaysia Bhd, Syarikat Takaful Malaysia Bhd and Can-One Bhd. AirAsia Bhd was the most actively traded counter with 65.23 million shares done. The decliners included British American Tobacco (Malaysia) Bhd, UMW Holdings Bhd, JMR Conglomeration Bhd, Petronas Gas Bhd and Genting. According to Reuters, Asian stocks fell today after...

The feel good factor continues in the market as FBM KLCI breached the 1,700 mark.  FBM KLCI breached the 1,700 mark The positive sentiment was felt across the Asia region. In Malaysia, the FBM KLCI was up 3.77 points or 0.22% to 1,700.31.  In the Asia region, Japan's Nikkei 225 ended the day up 1.74%, while Hong Kong's Hang Seng rose 1.17% and South Korea's Kospi inched up 0.04%. Reuters reported that Asian shares began a c entral bank-focused week on firm footing today, buoyed by gains on Wall Street, as well as glimmers of strength in weekend data from China. Across Bursa,  there were 419 advancers versus 412 losers, while 360 counters closed unchanged. A total of 1.47 billion shares, valued RM1.61 billion, exchanged hands during the day. Nestle (Malaysia) Bhd rose RM1.54 or 2.08% to close at RM75.50; while the top loser was Petronas Dagangan Bhd, which fell 40 sen to RM24.10.   The most actively-traded stock was Gamuda Bhd's warrant (Gamuda-WE...

The market is behaving like a yo-yo and today, we have a better side of things. It’s an uptrend and we’re looking at a jump for FBM KLCI by 0.27% or 4.56 points to 1,690.91. FBM KLCI closed higher as oil rebound There is still no clear signal of breaking the 1,700 mark but things have been slightly more positive now. Across Bursa Malaysia, we saw 1.72 billion shares traded worth RM1.81 billion. There are 441 winners compared to the 355 losers while another 353 is unchanged. Regionally, things are also looking better except for the volatile China. The positive sentiment was mainly driven by the rebound of crude oil price and the expectation of policy easing by the European Central Bank (ECB) later in the day. In Bursa, the top gainer is Kossan Rubber Industries Bhd while leading the decliners was British American Tobacco (M) Bhd. The warrants of AirAsia X and RedSena dominated the top active counters. 

The FBM KLCI fell 1.51 points or 0.1% after China's weaker external trade numbers continue to hit Asian shares. FBM KLCI closed lower at 1,686.35 At 5pm, the KLCI closed at 1,686.35 points after reaching an intraday low of 1,676.93. The market rebounded strongly in the second half of trading. According to Bloomberg data, China's Shanghai Composite slid 1.34% while Japan's Nikkei 225 lost 0.84%. Today, Reuters reported that sharp losses in Chinese stocks pulled Asian equities further away from two-month highs on Wednesday as weak trade figures from the world's second-biggest economy and wobbly oil prices revived concerns about global growth. Across Bursa Malaysia, there were 446 gainers versus 341 decliners. Trading volume was 1.83 billion shares worth RM1.9 billion. Both AirAsia Bhd and AirAsia X Bhd dominated the top-active list. P.I.E. Industrial Bhd led gainers while British American Tobacco (M) Bhd was the top decliner.

Bursa Malaysia's benchmark, FBM KLCI suffered a drop of 10.07 points or 0.6% as China’s data disappoints the market. At market close, FBM KLCI was at 1,687.86 points. FBM KLCI closed 10.07 points lower Reuters reported that global stock markets fell on Tuesday after another batch of weak data from China reinforced persistent concerns about a possible slowdown in the global economy. China's February exports disappointed analysts' expectations, falling 25.4% from a year earlier, while imports fell by 13.8%. The pan-European FTSEurofirst 300 index fell 1 percent while the MSCI All-Country World index weakened 0.3 percent. Japan's safe-haven yen notched up gains while the low-yielding euro moved up against the dollar on Tuesday as appetite for riskier assets and currencies waned following the weak Chinese data. The soft Chinese exports figures also impacted oil and metals prices. The MSCI Emerging Market index fell 0.7 percent while U.S. stock index fut...

The FBM KLCI rose 5.44 points or 0.3% to close at 1,697.93 points as crude oil price gain further strength. FBM KLCI  Brent crude oil was trading at about US$39.13 per barrel as of 5pm (Malaysia timing). The Bursa's benchmark had earlier breached the psychological barrier of 1,700 and reached an intraday high of 1,710.2 before it slowed down. Reuters reported oil prices rose on Monday, extending a rally that has lifted crude benchmarks by more than a third from this year's lows, as tightening supply and an improving global outlook strengthened the sentiment for a market recovery. A total of 2.44 billion shares worth RM2.45 billion were traded on Bursa today, compared to a volume of 1.78 billion worth RM2.16 billion on Friday. The most actively traded counters are AirAsia X’s warrant and its mother share and Bumi Armada. Bursa’s top gainers included British American Tobacco (M) Bhd, Panasonic Manufacturing (M) Bhd and United Plantations Bhd. Reuters reported Asi...

Maintain Hold with unchanged target price (TP) of RM0.210 Scomi Energy Services Bhd Highlights Following are the salient points from analyst briefing on last Friday. Oilfield revenue was up QoQ due to stronger chemical sales to Indonesia and Turkmenistan. On the other hand, weaker drilling activities in Malaysia, Thailand, Myanmar and Vietnam had partially offset the positive impact. Overall, drilling activity was down significantly YoY with Drilling Fluid (DF) rig count declining by 37% to 34 rigs in Dec 15 since beginning of Jan 15. Cost-cutting initiative by the group started to bear fruit with its OPEX down to RM37.9m (-18%) in Q3FY16. The group expects to bring the costs down further through more outsourcing of non-core business functions (i.e. warehousing or logistics) and this would put the group in a stronger position to weather the current downturn in the O&G industry. Marine segment is expected to continue registering losses for the time being as majority of i...

The market is responding to the seemingly stable and higher crude oil prices. Regionally across Asian, the market has been on the uptrend, except for South Korea. According to Reuters, Japan's Nikkei 225 closed up 0.32%, while Hong Kong's Hang Seng added 1.18%. As for the Bursa Malaysia, the FBM KLCI rose higher by 4.29 points to close at 1,692.49 points, unable to break the 1,700 level. FBM KLCI At Bursa Malaysia, the bourse saw 1.78 billion shares, worth RM2.16 billion, traded. Decliners led gainers by 463 to 334. Although the KLCI rose, the FBM Small Cap Index fell 17.77 points or 0.12% to 15,249.690, on profit taking. Bursa's top gainers included banking stocks like Public Bank Bhd, CIMB Group Holdings Bhd, Hong Leong Financial Group Bhd and AMMB Holdings Bhd. Top decliners included British American Tobacco (M) Bhd, Petronas Dagangan Bhd and Kuala Lumpur Kepong Bhd. Meanwhile, the most active counters included AirAsia X Bhd and AirAsia Bhd. Both...

FBM KLCI fell 13.11 points Reuters reported that oil prices slid on Wednesday, extending the sharp falls from the previous session after top exporter Saudi Arabia ruled out production cuts and industry data showed a further build in US crude stockpiles. US crude futures were trading at US$31.25 per barrel at 0758 GMT, down 1.95% from their last settlement. International Brent futures were down around 1% at US$32.90 a barrel. Both dropped more than 5% in intra-day trading the previous day. The consequence of the fall in oil prices are obvious given what we have seen in the past few months...the market fall as well. FBM KLCI dropped by 0.8% or 13.11 points to close at 1,664.17.  Across Asia, Japan's Nikkei 225 lost 0.85% while Hong Kong's Hang Seng shed 1.15%. Bursa Malaysia saw 1.53 billion shares valued at RM1.51 billion traded. Decliners beat gainers at 601 versus 229. The top gainers included Kuala Lumpur Kepong Bhd and PPB Group Bhd.  The leading decli...

Just this morning, Malaysians were greeted with a good news, the oil rally of 6% and it already feels like it’s gonna be a good day for the market. FBM KLCI closed marginally higher while Asian stocks dropped Well, it did, at least for a start but as at 5pm, FBM KLCI closed at 1,677.28 points on profit taking after reaching an intraday high at 1,685.88. In the Asia region, Japan's Nikkei 225 fell 0.37%, South Korea's Kospi dropped 0.11%, while Hong Kong's Hang Seng down to 0.25%. The oil rally on Monday that had boosted global equity markets made a U-turn. US front-month West Texas Intermediate (WTI) crude futures were trading at US$32.72 per barrel at 0753 GMT, down 67 US cents from Monday's settlement. International benchmark Brent was also down 61 US cents at US$34.08 a barrel. On Monday, we have seen oil prices jumped to as much as 7% as there are speculations over the falling US shale output fed the notion that crude prices may be...