Malaysia Morning Wrap | Kuala Lumpur Kepong Q4 Net Profit Soars 14-Fold
Key Takeaways:
• U.S. Stock Indexes Rally for Fourth Straight Day
• Blue-Chip Rally Powers Bursa Malaysia
• Malaysia's E-Commerce Revenue Rose Nearly 2% to RM937.5B in Nine Months of 2025
• Stocks to watch: Sunway, Kuala Lumpur Kepong, etc.
🇺🇸Wall Street Summary
$S&P 500 Index (.SPX.US)$ 6,812.61 (+0.69%)
$Dow Jones Industrial Average (.DJI.US)$ 47,427.12 (+0.67%)
$Nasdaq Composite Index (.IXIC.US)$ 23,214.69 (+0.82%)
The $Nasdaq Composite Index (.IXIC.US)$ gained 189.10 points (0.8%) to a 23,214.69 close, while the $S&P 500 Index (.SPX.US)$ added 46.73 ticks (0.69%) to 6,812.61 and the $Dow Jones Industrial Average (.DJI.US)$ gained 314,67 points (0.67%) to 47,427.12.
Stocks edged higher in a subdued, low-volume session ahead of the Thanksgiving break, with Wall Street shuttered Thursday and a half-day schedule on Friday.
The U.S. Labor Department reported that initial jobless claims dropped to 216,000 for the week ending November 22, marking a decrease of 6,000 from the revised 222,000 the previous week. This figure is the lowest recorded since mid-April and falls below economists' expectations of 225,000.
Wall Street will be laser-focused on upcoming U.S. jobs and inflation data ahead of the Fed’s Dec. 9-10 meeting; the numbers will decide whether policymakers feel safe to ease again.
CME’s FedWatch now shows an 84.9 % chance of a 25-basis-point cut—nearly triple the 30.1 % odds quoted just one week ago after several officials signaled openness to further stimulus.
🇲🇾Bursa Market Insight
$FTSE Bursa Malaysia KLCI Index (.KLSE.MY)$ 1624.5 (+0.79%)
The $FTSE Bursa Malaysia KLCI Index (.KLSE.MY)$ closed up 12.76 points, or 0.79%, at 1,624.50. The local bourse closed higher on Wednesday, buoyed by demand for blue-chip stocks that pushed the FBM KLCI upward.
Traders say sporadic dip-buying in a handful of heavyweights could provide short-lived support, yet any broader advance is expected to stay limited while the crowd stays risk-averse. Earnings reports, they add, will keep commanding attention.
Malaysia’s e-commerce revenue edged up 1.9 % to RM 937.5 billion in the first nine months of 2025 versus the same stretch last year, the Department of Statistics Malaysia (DOSM) reported. B2B sales still dominated at RM 817.1 billion, while B2C spending climbed to RM 336.6 billion and B2G purchases advanced to RM 30.4 billion.
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🔔Stocks to Watch
$SUNWAY (5211.MY)$ posted a 10.09% year-on-year drop in third-quarter net profit to RM338.14 million for Q3 2025, down from RM376.08 million a year earlier, as higher operating and tax expenses offset gains from stronger sales. Revenue for the quarter surged 26.43% to RM2.57 billion from RM2.03 billion previously.
$KLK (2445.MY)$’s Q4 net profit jumped to RM96 million from RM6.8 million a year ago, as revenue rose 11 % to RM6.3 billion. Stronger palm-oil prices and volumes lifted plantation earnings 19 % to RM626 million, while property profit doubled to RM22 million.
$IHH (5225.MY)$’s Q3 2025 net profit climbed 15% YoY to RM616 million on higher day-care volumes and tighter cost controls in Malaysia and India, while revenue grew 16% to RM6.57 billion, lifted by the recent Fortis acquisition.
$PETGAS (6033.MY)$’s Q3 2025 net profit dropped 10 % to RM444 million as lower product prices and tariff cuts squeezed margins; revenue eased 2.3 % to RM1.62 billion and the company warns the pressure is set to continue.
$PETDAG (5681.MY)$’s quarterly earnings slipped 16 % to RM281 million even though volumes held steady, as lower fuel prices trimmed revenue 2 % to RM9.5 billion.
$IOICORP (1961.MY)$'s Q1 profit dropped 48% to RM369 million versus last year's forex-boosted RM711m, even as revenue rose 14% to RM3.05b.
$TIMECOM (5031.MY)$ reported a near-doubling of Q3 2025 net profit to RM106.2 million (5.74 sen/share) on 7% higher revenue of RM453.8 million, driven by data, cloud and other services. The company will pay a special dividend of 21.64 sen/share on 22 Dec.
$FFB (5306.MY)$ posted record Q2 profit (RM36.66 million, +40%) and revenue (RM294.94 million, +18.4%), driven by expansion.
$EDGENTA (1368.MY)$’s Q3 swung to a RM94 million loss on RM96 million impairments; revenue fell 2.8 % to RM771 million on weaker infrastructure and healthcare contributions.
💡Buy or Sell?
Source: Dow Jones Newswires, Bursa Malaysia, The Malaysian Reserve, The Star, The Edge.
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only.
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101628797kammalranM : but falling , super la bursa ,, maju
Minotra : ..
103068995 101628797kammalranM : a lot of insider and epf buying last 3 days, poised to bounce back