Skip to main content

Posts

Showing posts with the label IHH

Featured Post

Market Daily Report: Bursa Malaysia Closes Higher On BNM’s OPR Decision, Wall Street Gains

KUALA LUMPUR, Nov 5 (Bernama) -- Bursa Malaysia closed higher, buoyed by Bank Negara Malaysia’s (BNM) decision to maintain the Overnight Policy Rate (OPR) at 2.75 per cent, alongside positive cues from Wall Street. At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) rose 19.30 points, or 1.19 per cent, to 1,635.86 from Wednesday’s close of 1,616.56. The benchmark index opened 6.72 points higher at 1,623.28, and fluctuated between an intraday high of 1,642.44 and a low of 1,622.62 during the trading session. However, market breadth was negative, with losers outnumbering gainers 723 to 497, while 466 counters were unchanged, 1,075 untraded and 10 suspended. Turnover rose to 3.74 billion units valued at RM3.61 billion compared with yesterday’s 2.81 billion units valued at RM2.57 billion.

CIMB Backs IHH as Top Healthcare Pick, Flags KPJ’s Regulatory Risks

IHH Seen as Sector Leader CIMB Securities has reaffirmed  IHH Healthcare Bhd (KL:IHH)  as its top choice in the healthcare sector, citing the group’s diversified international operations as a key strength against Malaysia’s regulatory headwinds. In a note on Friday, the research house highlighted IHH’s  attractive valuation , resilient earnings profile, and strong recovery prospects, particularly in Singapore. The division is expected to deliver a meaningful rebound in  4Q2025 , following the completion of renovation works at Mount Elizabeth by the third quarter. “We like IHH for its execution strategy, established regional footprint, and focus on high-income clients, which collectively support earnings resilience,” CIMB said. Regulatory Pressures in Malaysia Malaysia’s private healthcare sector has faced  margin pressure in 1H2025 , driven by tighter insurer reimbursement terms. Inpatient visit growth contracted to low single digits, with CIMB expecting payor p...