Latest news with #F&N
The Star
4 days ago
- Business
- The Star
FBM KLCI ends higher, investors eye upcoming GDP release
KUALA LUMPUR: The FBM KLCI finished higher today, mirroring gains across regional markets as investors showed renewed confidence amid improving sentiment. However, dealers noted that cautiousness lingered ahead of key economic events, including the Statistics Department's upcoming release of advance GDP data for the second quarter on Friday and the looming tariff deadline. The FBM KLCI rose 9.44 points, or 0.62% to 1,520.94 after hitting an intraday high of 1,521.15. There were 547 gainers, 416 losers and 475 counters traded unchanged on the Bursa Malaysia. Turnover stood at 3.17 billion shares valued at RM2.5bil. Among the gainers, F&N rose 36 sen to RM29.02, Hong Leong Bank added 32 sen to RM19.30, Paragon gained 19 sen to RM2.87 and PETRONAS Chemicals climbed 13 sen to RM3.32. Malaysian Pacific Industries , the top loser on Bursa Malaysia, slid 38 sen to RM19.62. Kuala Lumpur Kepong lost 30 sen to RM20.16, Aeon Credit fell 17 sen to RM5.16 and Panasonic Manufacturing eased 14 sen to RM11. ACE Market debutant iCents Group jumped 41.67%, or 10 sen, to 34 sen, with 150.54 million shares traded. Stock market data showed foreign investors net sold RM173mil on Wednesday, while local institutions and retailers were net buyers at RM1mil and RM172mil, respectively. On the forex market, the ringgit was quoted at 4.2493 against the greenback, down 0.11%. It rose 0.02% against the euro to 4.9287, but fell 0.11% against the pound to 5.6941 and edged down 0.03% against the Singapore dollar to 3.3046. On the external front, Japan's Nikkei 225 climbed 0.6% to close at 39,901.19, while South Korea's Kospi rose 0.19% to end at 3,192.29. In contrast, Hong Kong's Hang Seng Index slipped 0.08% to 24,498.95. Meanwhile, Singapore's Straits Times Index advanced 0.71% to 4,161.43. In China, the CSI300 Index gained 0.68% to 4,034.49, and the Shanghai Composite Index added 0.4% to finish at 3,516.83.
The Star
14-07-2025
- Business
- The Star
FBM KLCI inches up as US tariff threats spur safe-haven demand
KUALA LUMPUR: The FBM KLCI ended slightly higher on Monday as renewed U.S. tariff threats kept investors cautious, driving demand for safe-haven assets like gold, which touched a three-week high. The benchmark index settled 1.44 points or 0.09% higher at 1,537.51, after moving between an intraday high of 1,538.33 and a low of 1,533.93. In the wider market, losers outnumbered gainers 514 to 432, with 2.93 billion shares worth RM1.7bil changing hands. Dealers expect market sentiment to remain cautious following US President Donald Trump's tariff move on Mexico and the EU, which reignites trade tensions and unsettles equities. Investors are likely to stay on the sidelines amid lingering uncertainty and risk-off sentiment, they said. Among the gainers on Bursa Malaysia, F&N rose 38 sen to RM28.98, Hong Leong Bank gained 38 sen to RM19.56, Apollo Food added 17 sen to RM6.40 and Kotra Industries climbed 12 sen to RM4.23. Nestle slid 64 sen to RM76.74, Kuala Lumpur Kepong fell 28 sen to RM20.39, Malaysian Pacific Industries lost 22 sen to RM20.78 and Dutch Lady eased 20 sen to RM28.28. Reuters reported that gold hit a three-week high on Monday as safe-haven demand rose after Trump threatened 30% tariffs on EU and Mexican imports. Spot gold edged up 0.1% to $3,359.69, while U.S. futures gained 0.3% to $3,373.30. On the forex market, the ringgit weakened 0.12% against the US dollar to 4.2552, and slipped 0.04% against the Singapore dollar to 3.3219. Around the region, MSCI's Asia ex-Japan stock index was weaker by 0.1%. Japan's Nikkei 225 closed 0.28% lower at 39,459.62, while South Korea's Kospi gained 0.83% to end at 3,202.03. China's blue-chip CSI300 index finished up 0.07% at 4,017.67, while the Shanghai Composite Index added 0.27% to 3,519.65. Hong Kong's Hang Seng Index closed up 0.26% at 24,203.32, and Singapore's Straits Times Index rose 0.18% to 3,312.45.
Yahoo
15-06-2025
- Business
- Yahoo
Fraser & Neave Holdings Bhd's (KLSE:F&N) three-year earnings growth trails the respectable shareholder returns
By buying an index fund, investors can approximate the average market return. But if you choose individual stocks with prowess, you can make superior returns. For example, the Fraser & Neave Holdings Bhd (KLSE:F&N) share price is up 44% in the last three years, clearly besting the market return of around 7.1% (not including dividends). The past week has proven to be lucrative for Fraser & Neave Holdings Bhd investors, so let's see if fundamentals drove the company's three-year performance. AI is about to change healthcare. These 20 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10bn in marketcap - there is still time to get in early. To paraphrase Benjamin Graham: Over the short term the market is a voting machine, but over the long term it's a weighing machine. One way to examine how market sentiment has changed over time is to look at the interaction between a company's share price and its earnings per share (EPS). During three years of share price growth, Fraser & Neave Holdings Bhd achieved compound earnings per share growth of 15% per year. We note that the 13% yearly (average) share price gain isn't too far from the EPS growth rate. Coincidence? Probably not. This observation indicates that the market's attitude to the business hasn't changed all that much. Quite to the contrary, the share price has arguably reflected the EPS growth. The image below shows how EPS has tracked over time (if you click on the image you can see greater detail). This free interactive report on Fraser & Neave Holdings Bhd's earnings, revenue and cash flow is a great place to start, if you want to investigate the stock further. As well as measuring the share price return, investors should also consider the total shareholder return (TSR). The TSR is a return calculation that accounts for the value of cash dividends (assuming that any dividend received was reinvested) and the calculated value of any discounted capital raisings and spin-offs. Arguably, the TSR gives a more comprehensive picture of the return generated by a stock. In the case of Fraser & Neave Holdings Bhd, it has a TSR of 56% for the last 3 years. That exceeds its share price return that we previously mentioned. The dividends paid by the company have thusly boosted the total shareholder return. We regret to report that Fraser & Neave Holdings Bhd shareholders are down 8.1% for the year (even including dividends). Unfortunately, that's worse than the broader market decline of 7.4%. Having said that, it's inevitable that some stocks will be oversold in a falling market. The key is to keep your eyes on the fundamental developments. Regrettably, last year's performance caps off a bad run, with the shareholders facing a total loss of 0.3% per year over five years. Generally speaking long term share price weakness can be a bad sign, though contrarian investors might want to research the stock in hope of a turnaround. It's always interesting to track share price performance over the longer term. But to understand Fraser & Neave Holdings Bhd better, we need to consider many other factors. Even so, be aware that Fraser & Neave Holdings Bhd is showing 1 warning sign in our investment analysis , you should know about... If you are like me, then you will not want to miss this free list of undervalued small caps that insiders are buying. Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on Malaysian exchanges. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
The Star
11-06-2025
- Business
- The Star
Bursa Malaysia edges up amid optimism over US-China trade talks
KUALA LUMPUR: Bursa Malaysia ended firmly higher on Wednesday, buoyed by regional gains and renewed optimism over progress in US-China trade talks. The FBM KLCI rose 6.89 points, or 0.45%, to close at 1,523.84, tracking the positive momentum across regional markets. The benchmark index moved between an intraday high of 1,530.85 and a low of 1,520.86. Across the region, Japan's Nikkei 225 climbed 0.55%, Hong Kong's Hang Seng advanced 0.84%, and South Korea's Kospi gained 1.23%. China's CSI 300 added 0.75%, while the Shanghai Composite Index rose 0.52%, reflecting broad-based investor optimism. On the local bourse, market breadth was positive, with 546 gainers, 375 decliners, and 528 counters unchanged. Trading activity was brisk, with 3.3 billion shares traded, worth RM2.6bil. Foreign investors and retailers were net sellers of RM81mil and RM17mil, respectively, while local institutions emerged as net buyers of RM98mil, according to Bursa Malaysia data. Consumer stocks led the gainers. F&N jumped 64 sen to RM28.44, Nestle added 56 sen to RM75.56, Heineken rose 32 sen to RM27.32, and Allianz climbed 26 sen to RM19.38. Top losers included Kuala Lumpur Kepong, which fell 44 sen to RM19.52, Chin Tek down 25 sen to RM8.72, PETRONAS Gas shedding 24 sen to RM17.70, and Country View easing 21 sen to RM2.15. Meanwhile, the ringgit strengthened 0.04% against the US dollar to 4.2373, and rose 0.02% against the Singapore dollar to 3.2948.
BusinessToday
07-06-2025
- Business
- BusinessToday
Negeri Sembilan's Bold Plans As Malaysia's Next Smart Economic Hub
Negeri Sembilan is stepping confidently into the national spotlight with bold plans to become Malaysia's next smart and sustainable economic hub, according to a new report by MIDF Research. The 'Negeri Sembilan – The Next Smart Frontier' , outlined the state's ambitions through Malaysia Vision Valley 2.0 (MVV 2.0), a megaproject spanning 153,000 hectares across Seremban and Port Dickson, designed to anchor growth in high-value industries such as semiconductors, aerospace, biotechnology, and halal manufacturing. Driving Growth with MVV 2.0 MVV 2.0 aims to transform Negeri Sembilan into a high-tech investment hub through a series of strategic zones: Negeri Sembilan High-Tech Industrial Park Aerospace Valley Port Dickson Free Zone and Smart AI Container Port Semiconductor Valley in Senawang Integrated Maritime Hub and Tourism Waterfront Each of these parcels is designed to draw foreign direct investments (FDI), enhance logistics infrastructure, and create high-skilled jobs. Strong FDI Momentum Negeri Sembilan has already attracted RM24.1 billion in foreign investments since 2019, with South Korea, Singapore, France, China, and Taiwan leading the pack. Major projects include: F&N's RM1.8 billion AgriValley in Gemas France's Safran Landing Systems expansion (RM650 million) Semiconductor ventures from Taiwan and South Korea Fast Lane for Investors To accelerate project implementation, Negeri Sembilan launched the 'Fast Lane' initiative, which cuts approval times from 24 to just 14 months. This proactive approach has helped the state become a top FDI destination post-pandemic. Human Capital as a Growth Engine The state is also investing in talent through partnerships between industries and institutions like UiTM and polytechnics. A standout example includes EV companies collaborating with local universities to train job-ready graduates. Negeri Sembilan consistently ranks among the top performers in national education metrics. Digital and Green Development The Negeri Sembilan Digital Economy Blueprint 2027 aims to transition the state into a digital powerhouse. Key plans include: Establishment of Tech Valley in Sendayan Smart agriculture initiatives N9PAY for digital government services Collaboration with Amazon, TikTok, and Tooying for e-commerce On the sustainability front, a 1,400MW gas power plant by Malakoff and numerous solar EPCC projects are set to power the state's green transition. Solar players such as Samaiden, Pekat, and Sunview are expected to benefit from rising demand. Sectoral Growth and Key Beneficiaries Industrial Property & Construction: Developers like Matrix Concepts, Eco World, and Sime Darby Property are positioned to gain from massive industrial developments within MVV 2.0. Gamuda, IJM Corp, and Sunway Construction are also seen as prime beneficiaries of infrastructure and data centre contracts worth up to RM18 billion. Consumer & Halal Sectors: The growth of halal manufacturing zones and logistics hubs directly benefits consumer brands like F&N, Dutch Lady, Farm Fresh, and Tyson Foods. The state's vision to lead Malaysia's halal and dairy supply chains further reinforces this trajectory. Technology: With RM2.75 billion in E&E investments since 2019, the creation of Semiconductor Valley in Senawang is a key pillar under the National Semiconductor Strategy. Samsung SDI's presence affirms the state's role in the global semiconductor supply chain. Logistics & Transportation: Tanco Holdings' AI Smart Port and Port Dickson Free Zone aim to ease congestion at Port Klang and attract maritime traffic. Logistics players such as Tasco and Swift Haulage are expected to benefit from enhanced connectivity and warehousing demand. Plantation: With 36,000+ hectares of oil palm estates, SD Guthrie stands to gain the most from potential land monetisation within MVV zones, offering windfall gains amid the expanding development footprint. Ambitious Long-Term Vision The state's medium-term Negeri Sembilan Development Plan (2021–2025) and long-term Negeri Sembilan Maju 2045 blueprint align with national goals like the New Industrial Master Plan 2030 and SDGs. The goal is to grow GDP by a robust 8.1% CAGR through 2045, backed by urbanisation and industrialisation. Related
