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Showing posts with the label december 2024 reserves

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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.

Malaysia’s Reserves Dip Slightly to US$118.1 Billion Amid Stable Asset Composition

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:  RM595.7...