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Global markets turned cautious as a  sharp tech selloff and escalating US-Iran tensions  weighed on sentiment, while Malaysia’s palm oil sector faced rising pressure from  weak exports and intensifying regional competition . Wall Street Slides on Tech Weakness and Geopolitics US equities declined sharply, led by heavy selling in technology stocks: S&P 500 -1.62% ,  Nasdaq -1.98% ,  Dow -1.87% Super Micro Computer  plunged  28%  after a dilutive share placement Broad declines across chipmakers including  NVIDIA ,  Advanced Micro Devices  and  Taiwan Semiconductor At the same time, oil prices surged  3% to US$90+ , as renewed military strikes heightened fears of  inflation and prolonged high interest rates . KLCI Holds Ground but Breadth Signals Weakness Despite global volatility, Malaysia’s  KLCI edged up 0.21% , supported by selective buying. However, underlying sentiment remained fragile: Losers outpaced gai...

Malayan Banking Bhd’s latest disclosure points to more than just deal volume,  it provides  early evidence that the Johor-Singapore Special Economic Zone (JS-SEZ) is beginning to attract meaningful capital flows , positioning the bank at the forefront of a multi-year regional growth theme. Early Signs of Capital Formation in JS-SEZ Malayan Banking Bhd  has facilitated  RM20 billion (US$4.9 billion) in financing and investments  tied to the JS-SEZ, spanning corporate, mid-market and consumer segments. More notably, the bank has supported the establishment of  nine family offices in Johor , signalling: Rising wealth inflows into the corridor Growing demand for  cross-border structuring and asset allocation Early-stage development of a  regional wealth management hub This suggests the SEZ is  moving beyond policy ambition into execution phase , where capital deployment is already taking shape. From Policy Framework to Investable Theme The JS-SEZ...

Market at a Glance U.S. stocks closed mixed , with tech under pressure while financials advanced. Bursa Malaysia fell for a third straight session. Malaysia’s PPI dropped 2.9% YoY , dragged by mining weakness. Maybank posted stronger earnings and declared a 33 sen dividend. Wall Street Recap Dow Jones Industrial Average  rose 0.03% to 49,499.20 S&P 500 Index  fell 0.54% to 6,908.86 Nasdaq Composite  slid 1.18% to 22,878.38 Technology and communication services led losses, while financials gained 1.3%. Major banks including  JPMorgan Chase ,  Bank of America  and  Wells Fargo  supported the sector’s rise. Despite recent AI-related concerns, the software & services segment rebounded, with  Salesforce  jumping 4%. Key Point: U.S. financial stocks outperformed as tech names faced renewed pressure. Bursa Malaysia Snapshot FTSE Bursa Malaysia KLCI  closed at 1,740.94 (-0.39%) Top Gainer:   Sunway Berhad  (+1.88%) Top Los...

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...

Quick Market Summary Global risk sentiment weakened sharply as fears of a renewed  US–Europe trade war linked to Greenland  triggered heavy selling across equities, spilling over into Asian and Malaysian markets. Wall Street: Trade War Fears Spark Broad Sell-Off US equities slumped after President  Donald Trump  threatened fresh tariffs on European countries opposing his Greenland bid. Dow Jones:   -1.8%  to 48,488.59 S&P 500:   -2.1%  to 6,796.86 Nasdaq Composite:   -2.4%  to 22,954.32 Big Tech names were among the hardest hit, reflecting concerns over retaliatory tariffs and global supply-chain risks. Key takeaway:   Markets are repricing geopolitical risk as trade tensions resurface. Bursa Malaysia: Broad-Based Selling The  FTSE Bursa Malaysia KLCI Index  ended the session firmly lower as cautious sentiment dominated regional trading. KLCI:   1,699.06 (-0.77%) Market breadth:  786 decliners vs 296 gainers ...

Earnings Snapshot Malayan Banking Bhd (KL:MAYBANK), Malaysia’s largest lender by assets, reported a  net profit of RM2.63 billion  for 2QFY2025, up  4% year-on-year  from RM2.53 billion. Earnings per share stood at  21.75 sen . Net Interest Income (NII) : +1.1% YoY, reflecting stable loan growth and net interest margin support. Non-Interest Income (NOII) : Rose, providing a boost despite softer trading conditions. Provisions : Higher allowances for bad debts partly offset the income gains. Dividend Declaration Maybank declared a  first interim cash dividend of 30 sen per share , with entitlement and payment dates to be announced later. This reflects the bank’s continued focus on shareholder returns. Guidance Management reiterated its  FY2025 Return on Equity (ROE) target of at least 11.3% , signaling confidence in sustaining profitability despite elevated provisions and a cautious economic outlook. Investment Takeaways Resilient Core Business : Loan gr...

截至7月18日这一周，马股迎来剧烈资金流动，各路玩家“买啥卖啥”，全都曝光！ 外资持续调仓，但锁定“基建新宠” 🔝  外资净买入榜 TOP 3： 1️⃣  Gamuda  💰 RM153.7M 2️⃣  Sunway  💰 RM103.6M 3️⃣  Westports  💰 RM88.2M   解读：  外资加码建筑和物流股，似乎在为潜在贸易战做“对冲”准备，基建项目成为避风港。 本地散户“扫银行”模式启动！ 散户净买入榜 TOP 3： 1️⃣  Maybank  💰 RM95.8M 2️⃣  CIMB  💰 RM66.6M 3️⃣  RHB Bank  💰 RM63.3M 解读：  散户涌向银行板块，押注马股反弹+高息防御。也有散户开始追踪AI概念股 Zetrix（+RM27.4M）。 本地机构转向防守策略   机构净买入榜： CIMB：RM56.6M PBBank：RM47.5M Sime Darby Prop：RM33.7M 但同时也在卖出： Maybank：-RM103.1M Gamuda：-RM102.8M WPRTS：-RM87.0M 解读：  机构两面出招——加码防守型金融股，同时调低建筑与物流配置。 资金博弈背后的四大风险 1️⃣  美方8月新关税恐将波及马来西亚建筑与科技板块 2️⃣  英美通胀不降，可能延迟全球降息时机 3️⃣  外资继续撤离本地科技板块（年初至今已流出 RM513M） 4️⃣  市场对“特朗普式强硬”仍存戒心 MoneyMaster 观察笔记 散户在捡便宜？  银行、AI概念成为关注热点 外资在防守中做对冲？  基建+物流或是看好政策红利 机构表现理性，边走边看 资金虽动荡，但信息已给足，接下来看谁能借势布局反弹！

马来西亚国家银行（ BNM ）意外采取 预防性措施 ，将隔夜政策利率（ OPR ）下调  25个基点至2.75% ，为自2023年以来的首次降息。 尽管这可能对银行的净利息收益率（ NIM ）带来1%-4%的负面影响， Kenanga 投行依然维持“增持”评级（Overweight） ，并指出—— 这不是撤退信号，而是“抄底”信号。 投资者必读重点： 低利率下的银行韧性 尽管息差受压，但 银行资产质量仍然稳健 （行业不良贷款率 GIL < 1.5%），而且整个银行板块 2025年盈利预期增长仍达3%-4% 。 此外，目前行业的股息收益率高达  5%-6% ，在不确定的市场中提供稳定回报。 估值接近历史低点 Kenanga 指出，银行板块当前估值处于过去10年历史区间的**-1标准差附近（PBV）**，意味着下行空间有限，一旦经济信心恢复，反弹空间值得期待。 三大首选银行股： AMBANK （目标价 RM6.90） 专注提升股东回报率（ROE），并拥有 6%左右的高股息率 ，资本充足率（CET-1）达15%。 CIMB （目标价 RM7.90） 此前因印尼业务疑虑被超卖，现估值吸引， 高达6%的股息率 ，一旦外国投资者回流，具备反弹潜力。 MAYBANK （目标价 RM12.00） 作为行业龙头，资产质量优异（GIL 1.27%），具备 规模与稳定性优势 ，是中长期投资者的首选。 谁受压？谁受益？ ✅ 以零售贷款为主的银行 （如 PBBANK、HLBANK）可能面临更大息差压力。 ✅ 活期储蓄占比较高的银行 （如 CIMB、AMBANK、BIMB）能更好抵御利率下行。 ✅ 定息贷款为主的 MBSB 与 AEONCR  有望受益于融资成本下降。 市场是否低估了银行？ Kenanga 模拟数据显示，市场当前仅计入  3.5%的贷款增长率 ——几乎回到了疫情低谷水平。 但现实中， 消费需求稳定、信贷质量健康 ，这种悲观看法并不合理。 投资建议： 维持增持评级（Stay Overweight） BNM 的降息更多反映了对外部风险的预判，但马来西亚银行业基本面依然强劲。 投资者应专注于： ✅  高股息、资本稳健、具扩张能力  的银行， ✅ 把握长期价值投资机会。 📢 关注我们 @MoneyMaster，获取更多每...

 Bank Negara Malaysia (BNM) has taken a  surprise pre-emptive step , cutting the Overnight Policy Rate (OPR) by 25 basis points to  2.75% . While this may slightly dent bank earnings (1%-4% hit to net interest margins), analysts at Kenanga maintain an  OVERWEIGHT rating  on the Malaysian banking sector—and here's why that’s a buying signal, not a warning. Key Takeaways for Investors: Resilience in a Lower-Rate Environment Despite the NIM compression,  asset quality remains strong  (industry GIL <1.5%), and the sector still expects  earnings growth of 3-4%  in 2025. Sector dividend yields of  5%-6%  also add to the cushion, offering reliable income in uncertain markets. Valuation Bottoming Out Kenanga notes that sector valuations are near historical troughs (at -1SD PBV within a 10-year band). That implies limited downside and  room for upside  if economic sentiment recovers. Top Bank Picks Kenanga’s  high-convictio...

Foreign investors are back in Malaysia — and they’re placing big bets on utilities. Here’s what moved the market last week, and where the smart money went. Global Pulse US Jobs Data : 147k jobs added, unemployment at 4.1% →  Rate cuts now expected in September US Tariffs : 10% on EU exports →  DAX down -1.02% Commodities : Brent oil +0.78%, CPO +1.27% Asia Market Moves : India : +US$497m foreign inflow (manufacturing boom) Vietnam : +US$22.6m (after new tariff deals) South Korea : -US$336.5m (factory slump) Indonesia : -US$171.6m Malaysia :  2-week foreign buying streak continues Malaysia Highlights: Foreign Funds Target TENAGA Total Foreign Inflow : RM303 million Top Sectors Bought by Foreigners : Utilities : RM419m Industrials : RM183m Top 3 Foreign Picks : TENAGA : RM254m net buy WPRTS : RM56m SUNWAY : RM52m Retail Investors Shift Tactics Retail Net Outflow : RM364 million Top Retail Buys : MAYBANK : RM44m TOPGLOV : RM30m CIMB : RM18m Biggest Retail Sell-Offs : GAMUDA ...

Wall Street closed higher  after  Trump unveiled a reciprocal tariff plan , boosting tech stocks like Nvidia, Apple, and Tesla. Meanwhile,  Malaysia’s FBM KLCI dropped 0.67%  below the key  1,600-point level  as market caution persisted. 📊 Wall Street Highlights 🔹  S&P 500:  6,115.07 (+1.04%) 🔹  Dow Jones:  44,711.43 (+0.77%) 🔹  Nasdaq Composite:  19,945.46 (+1.50%) 📌  Key Movers: Intel (INTC):  +7%, highest close YTD. Nvidia (NVDA):  Gained as HP Enterprise shipped Nvidia’s Blackwell AI system; earnings on Feb 26. Robinhood (HOOD):  +14% after earnings doubled estimates; revenue surged 115% y-o-y. Tesla (TSLA):  +5% on news of a  $400M State Dept. budget  for armored Cybertrucks. 📌  Tariff Impact:  Trump’s plan aims for  reciprocal tariffs , creating both optimism and caution in global markets. 🇲🇾 Bursa Malaysia Market Insight 🔹  FBM KLCI:  1,592.28 (-0.6...

Here’s a summary of key updates in Malaysia’s financial markets today: Top Highlights Maybank (1155.MY) : Reported a  7.6% increase  in  3Q2024 net profit  to  RM2.54 billion , driven by higher  non-interest income  despite a decline in  net interest income . The bank aims for a  11% ROE  for FY2024. Sunway (5211.MY) :  Net profit doubled  to  RM376.08 million  in 3Q2024, with a  31.8% increase  in revenue to  RM2.03 billion . IOI Corp (1961.MY) :  1Q2025 net profit surged 133.8%  to  RM710.7 million , boosted by  forex gains  and  biological asset adjustments . KLK (2445.MY) :  4Q2024 net profit dropped 94.18%  to  RM6.77 million , impacted by  inventory write-downs  and  investment losses  in Synthomer Plc. Airports (5014.MY) :  3Q2024 net profit more than doubled  to  RM210.37 million , driven by increased  passenger...