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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.

Dividend Payout Showdown: Which Malaysian Bank Rewards Shareholders the Most?

As dividend season heats up, investors are eyeing which  Malaysian bank gives the most back to its shareholders —and  Maybank (1155.MY)  is clearly leading the pack with a  generous 73% dividend payout ratio . What is Dividend Payout Ratio? It measures how much of a company’s net earnings are returned to shareholders as dividends. Formula: Per-share:  DPS / EPS × 100% Aggregate:  Total Dividends / Net Profit × 100% Example:  If Maybank earns 83.61 sen per share and pays 61 sen in dividends →  73% payout  = RM73 returned for every RM100 earned. Who’s the Most Generous? MAYBANK – 73% payout : Prioritizes shareholder rewards with stable, high cash returns. HLBANK : More conservative—prefers reinvesting for growth and resilience. CIMB, RHBBANK, PBBANK : Balanced strategy—combines dividends with regional expansion and risk management. Why a High Payout Ratio Matters 1. Real Cash Flow:  Great for income-seeking investors like retirees. 2. Matu...

Hap Seng Plantations’ 4Q Net Profit Surges 4x on Higher CPO Prices and Sales

  Financial Performance & Growth Drivers Hap Seng Plantations Holdings Bhd (HSPLANT) posted a net profit of RM85.01 million in 4QFY2024 , a  fourfold increase from RM20.69 million a year earlier . The sharp profit growth was  driven by higher crude palm oil (CPO) and palm kernel (PK) selling prices, as well as increased CPO sales volume . Fair value adjustments of biological assets contributed RM24.4 million in gains , compared to a  RM21.1 million loss in 4QFY2023 . Revenue & Dividend 4Q revenue surged 33.7% YoY to RM223.37 million from RM174.56 million . CPO prices rose 26.1%, while PK prices jumped 66.3% . CPO sales volume grew 4% , though  PK sales declined 7% due to a lower kernel extraction rate . FY2024 net profit more than doubled to RM204.64 million , while  revenue increased 12.7% to RM752.45 million . Declared a second interim dividend of 11 sen per share , bringing  total FY2024 dividends to 12.5 sen , up from  6.8 sen in FY202...