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New Straits Times
03-07-2025
- Business
- New Straits Times
Bursa Malaysia closes mixed
KUALA LUMPUR: Bursa Malaysia ended mixed today, with the benchmark index curbing its recent rally as continued selling in selected heavyweights, led by Tenaga Nasional, limited gains, an analyst said. The power utility company closed 58 sen or 3.97 per cent lower at RM14.02, contributing a total of 5.80 points towards the benchmark index's decline, with 33.31 million shares traded. At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) slipped by 1.22 points, or 0.08 per cent, to 1,548.99 from Wednesday's close of 1,550.21. The benchmark index opened 4.07 points lower at 1,546.14 and hovered between 1,540.35 and 1,548.99 throughout the day. The broader market was broadly positive with 629 gainers trouncing 389 decliners, while 468 counters were unchanged, 902 untraded and 11 suspended. Turnover rose to 5.09 billion units worth RM2.94 billion against 3.11 billion units worth RM2.38 billion on Wednesday. UOB Kay Hian Wealth Advisors Sdn Bhd's head of investment research, Mohd Sedek Jantan said the FBMKLCI closed lower as investors' sentiment turned slightly cautious amid profit-taking activities, despite the broad-based strength in the wider market. "The decline in the benchmark index reflected the mixed performance among blue-chip counters, weighed down by lingering export uncertainties and renewed external trade volatility," he said. In contrast, Mohd Sedek said broader segments of the domestic market demonstrated notable resilience. "The Bursa Malaysia Technology Index surged 4.0 per cent, underpinned by robust buying interest in the semiconductor and electronics-related counters, in line with the tech-led gains on Wall Street. The Industrial Products sector also recorded gains, reflecting selective sectoral rotation," he added. Among other heavyweights, Maybank gained 4.0 sen to RM9.80, CIMB and CelcomDigi added 1.0 sen each to RM6.79 and RM3.92, respectively, and IHH Healthcare improved 2.0 sen to RM6.85, while Public Bank fell 2.0 sen to RM4.30. As for the most active stocks, Borneo Oil was flat at half-a-sen, while Zetrix AI, NEXG and Tanco added 1.0 sen each to 97.5 sen, 39 sen and 90 sen, respectively.
Focus Malaysia
03-07-2025
- Business
- Focus Malaysia
Bursa Malaysia closes mixed
BURSA Malaysia ended mixed today, with the benchmark index curtailing its recent rally as continued selling in selected heavyweights—led by Tenaga Nasional—limited gains, an analyst said. The power utility company closed 58 sen or 3.97% lower at RM14.02, contributing a total of 5.80 points towards the benchmark index's decline, with 33.31 million shares traded. At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) slipped by 1.22 points, or 0.08 per cent, to 1,548.99 from Wednesday's close of 1,550.21. The benchmark index opened 4.07 points lower at 1,546.14 and hovered between 1,540.35 and 1,548.99 throughout the day. The broader market was broadly positive with 629 gainers trouncing 389 decliners, while 468 counters were unchanged, 902 untraded and 11 suspended. Turnover rose to 5.09 billion units worth RM2.94 bil against 3.11 billion units worth RM2.38 bil on Wednesday. – July 3, 2025
The Star
03-07-2025
- Business
- The Star
FBM KLCI snaps five-day winning streak on profit-taking
KUALA LUMPUR: The FBM KLCI snapped a five-day winning streak on Thursday as investors locked in profits following the recent gains, despite mostly positive regional markets. The 30-stock index slipped 1.22 points, or 0.08%, to close at its intraday high of 1,548.99, weighed down by losses in Tenaga Nasional (TNB), Public Bank, and MR D.I.Y. In the broader market, 630 stocks rose against 389 decliners, bringing the gainers-to-losers ratio to 1.62, indicating there's broad-based buying interest. Traded volume surged to 5.09 billion shares valued at RM2.94bil. TNB skidded 58 sen to RM14.02, single-handedly taking 4.8135 points off the FBM KLCI. Public Bank slipped two sen to RM4.30, dragging the index down by 0.55 points, while MR D.I.Y fell four sen to RM1.66, pulling it lower by 0.54 points. Gainers among the KLCI component stocks include Nestle, PETRONAS Gas, PETRONAS Dagangan and Press Metal . On the broader market, Hong Leong Industries fell 24 sen to RM13.42, Heineken lost 16 sen to RM20.84 and UMS lost 11 sen to RM2. Westports rose 37 sen to RM5.80, Pentamaster added 37 sen to RM3.57 and Panasonic Manufacturing climbed 30 sen to RM12.10. Borneo Oil , which ended flat at 0.5 sen, was the most actively traded counter with 1.33 billion shares done. On the forex market, the ringgit rose 0.11% against the US dollar to 4.2227 and gained 0.07% against the Singapore dollar to 3.3158. Meanwhile, Most Asian markets ended in the black on trade deal optimism, with the MSCI Asia ex-Japan index rising 0.4%. Japan's Nikkei 225 edged up 0.06% to 39,785.90, while South Korea's Kospi gained 1.34% to 3,116.27. China's CSI 300 rose 0.62% to 3,968.07, and the Shanghai Composite added 0.18% to 3,461.15. Hong Kong's Hang Seng Index, however, slipped 0.63% to 24,069.94.
Borneo Post
03-06-2025
- Business
- Borneo Post
EPF records total investment income of RM18.31 bln for 1Q 2025
File photo for illustration purposes KUALA LUMPUR (June 4): The Employees Provident Fund (EPF) recorded investment income totalling RM18.31 billion for the first quarter ended March 31, 2025 (1Q 2025), a 13 per cent decline from RM20.99 billion in the corresponding period in 2024. It said the total investment income includes RM1.02 billion mark-to-market gains on securities that have not been realised, due to foreign exchange rate fluctuations. In line with the EPF's policy, these gains will not be distributable as dividends. EPF chief executive officer Ahmad Zulqarnain Onn noted that global markets turned volatile early in 2025 on renewed trade frictions and policy uncertainty. He added that uncertainties surrounding US trade policies affect major stock markets throughout the quarter although the tariff announcement was made by the US administration on April 2. 'Despite the moderation of inflationary pressures in many economies, the pace and timing of monetary policy easing differed across regions, dampening risk appetites. Our diversified global portfolio cushioned the impact and kept the EPF on course for long-term value creation,' Ahmad Zulqarnain said in a statement yesterday. During 1Q 2025, equities contributed RM10.81 billion, a 23 per cent decline from RM14.02 billion recorded in 1Q 2024 mainly due to weaker performance across global equity markets and a challenging investment climate. EPF said equities continued to be the highest contributor, accounting for 59 per cent of total investment income while fixed Income continued to anchor capital preservation, contributing RM5.99 billion or 33 per cent of total investment income. Fixed income, comprising Malaysian Government securities and equivalents, loans and bonds, continued to fulfil its dual mandate of delivering stable returns and as a counterbalance to equity market fluctuations. Real estate and infrastructure recorded an income of RM1.08 billion in 1Q 2025, while money market instruments generated RM0.43 billion, in line with return expectations for these asset classes. Of the total investment income, RM15.87 billion was generated for conventional savings and RM2.44 billion for shariah savings. As of March 2025, EPF's investment assets totalled RM1.26 trillion, with 38 per cent invested internationally. During the period, international investments generated RM8 billion or 44 per cent of the total investment income. The EPF said its domestic investments, which account for 62 per cent of total assets, continued to provide long-term income stability through dividends, interests and profits from sukuk. It added that the EPF remains committed to supporting Malaysia's economic growth by continuing to invest over 70 per cent of its annual allocation in the domestic market. Meanwhile, Ahmad Zulqarnain said the downward revisions in global and regional growth forecasts, including Malaysia's, reflect rising external risks amid shifting global trade dynamics. 'In a more challenging and uncertain market environment, the EPF maintains a dynamic and well-diversified portfolio to help safeguard value and manage downside risks. We continue to actively explore investment opportunities across both domestic and international markets to strengthen our portfolio and support long-term, sustainable returns for our members,' he added. During the period, the EPF registered 140,111 new members, raising total membership to 16.3 million. Of these, 8.88 million are active members, representing 51.3 per cent of the 17.31 million labour force. The EPF's active-to-inactive member ratio remained stable at 54:46 in 1Q 2025. New employer registration reached 19,600 in the first quarter of this year, increasing total active employers registered with the EPF to 616,558. Total contributions increased by 15.1 per cent to RM33.54 billion, up from RM29.13 billion in 1Q 2024 while total voluntary contributions rose by 62 per cent to RM7.02 billion, from RM4.33 billion a year earlier. The EPF said the number of formal sector members contributing above the statutory rate was 10,990 in 1Q 2025, compared to 6,771 in the same period last year. – Bernama Employees Provident Fund first quarter investment income
The Sun
03-06-2025
- Business
- The Sun
EPF posts investment income of RM18.31 billion for first quarter
PETALING JAYA: The Employees Provident Fund (EPF) recorded a total investment income of RM18.31 billion for the first quarter ended March 31, 2025 (Q1'25), a 13% decline from RM20.99 billion in the corresponding period in 2024. The total investment income includes RM1.02 billion mark-to-market gains on securities that have not been realised, due to foreign exchange rate fluctuations. In line with the EPF's policy, these gains will not be distributable as dividends. During the quarter under review, equities contributed RM10.81 billion, a 23% decline from RM14.02 billion in Q1'24. The drop was mainly due to weaker performance across global equity markets and a challenging investment climate. The asset class continued to be the highest contributor, accounting for 59% of total investment income. Fixed Income continued to anchor capital preservation, contributing RM5.99 billion or 33% of total investment income. Fixed income, comprising Malaysian Government Securities and equivalents, loans and bonds, continues to fulfil its dual mandate of delivering stable returns and as a counterbalance to equity market fluctuations. This underscores its strategic importance in safeguarding members' savings across market cycles. Real estate and infrastructure recorded an income of RM1.08 billion in Q1'25, while money market Instruments generated RM430 million, in line with return expectations for these asset classes. Of the total investment income, RM15.87 billion was generated for Simpanan Konvensional, and RM2.44 billion for Simpanan Shariah. As of March 2025, the EPF's total investment assets stood at RM1.26 trillion, with 38% invested internationally. During the period, international investments generated RM8 billion or 44% of the total investment income. The EPF's domestic investments, which account for 62% of total assets, continued to provide long-term income stability through dividends, interests and profits from sukuk. The EPF said in a statement it remains committed to supporting Malaysia's economic growth by continuing to invest over 70% of its annual allocation in the domestic market. This reflects its role as a long-term investor and aligns with the government's Madani Economy framework. Through the GEAR-uP initiative, the EPF is focused on building investment opportunities in the healthcare sector. This aims to capture long-term growth, address critical system gaps and support healthier retirement for Malaysians. EPF CEO Ahmad Zulqarnain Onn said: 'In a more challenging and uncertain market environment, the EPF maintains a dynamic and well-diversified portfolio to help safeguard value and manage downside risks. We continue to actively explore investment opportunities across both domestic and international markets to strengthen our portfolio and support long-term, sustainable returns for our members.'
