Latest news with #F&N
The Star
6 days ago
- Business
- The Star
FBM KLCI slips for second day amid mixed regional markets
KUALA LUMPUR: The FBM KLCI closed lower for the second consecutive session, weighed down by cautious sentiment as regional markets showed mixed performances. The market barometer fell 8.14 points, or 0.53%, to 1,526.16. The index traded within a 13.48-point range, between an intraday high of 1,535.41 and a low of 1,521.93. Stocks that fell outnumbered those that rose 575 to 338, with another 474 counters unchanged. A total of 2.6 billion shares changed hands, worth RM1.85bil. On Bursa Malaysia, F&N led the decliners, slipping 30 sen to RM27, followed by Sime, down 27 sen to RM1.87, United Plantations, which eased 22 sen to RM22.78, and BLD Plantation , 20 sen lower at RM10.80. Conversely, Nestle jumped RM1.90 to RM81.50, PETRONAS Dagangan added 70 sen to RM19.80, Kuala Lumpur Kepong rose 56 sen to RM20.36 and Hong Leong Industries gained 30 sen to RM13.78. Stock market data showed that foreign investors sold a net RM61mil on Monday. Local institutions and retailers were net buyers, with RM54mil and RM7mil, respectively. Meanwhile, the ringgit was quoted at 4.2382, up 0.46% against the US dollar. Elsewhere in the region, Japan's Nikkei 225 rose 0.51%, Hong Kong's Hang Seng Index closed up 0.43%, South Korea's Kospi fell 0.27% and China's CSI 300 Index closed down 0.54%.
Yahoo
25-05-2025
- Business
- Yahoo
The Returns At Fraser & Neave Holdings Bhd (KLSE:F&N) Aren't Growing
What trends should we look for it we want to identify stocks that can multiply in value over the long term? Amongst other things, we'll want to see two things; firstly, a growing return on capital employed (ROCE) and secondly, an expansion in the company's amount of capital employed. Ultimately, this demonstrates that it's a business that is reinvesting profits at increasing rates of return. With that in mind, the ROCE of Fraser & Neave Holdings Bhd (KLSE:F&N) looks decent, right now, so lets see what the trend of returns can tell us. 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. If you haven't worked with ROCE before, it measures the 'return' (pre-tax profit) a company generates from capital employed in its business. The formula for this calculation on Fraser & Neave Holdings Bhd is: Return on Capital Employed = Earnings Before Interest and Tax (EBIT) ÷ (Total Assets - Current Liabilities) 0.17 = RM727m ÷ (RM5.8b - RM1.5b) (Based on the trailing twelve months to March 2025). So, Fraser & Neave Holdings Bhd has an ROCE of 17%. That's a pretty standard return and it's in line with the industry average of 17%. See our latest analysis for Fraser & Neave Holdings Bhd Above you can see how the current ROCE for Fraser & Neave Holdings Bhd compares to its prior returns on capital, but there's only so much you can tell from the past. If you'd like to see what analysts are forecasting going forward, you should check out our free analyst report for Fraser & Neave Holdings Bhd . While the current returns on capital are decent, they haven't changed much. Over the past five years, ROCE has remained relatively flat at around 17% and the business has deployed 54% more capital into its operations. Since 17% is a moderate ROCE though, it's good to see a business can continue to reinvest at these decent rates of return. Stable returns in this ballpark can be unexciting, but if they can be maintained over the long run, they often provide nice rewards to shareholders. In the end, Fraser & Neave Holdings Bhd has proven its ability to adequately reinvest capital at good rates of return. Despite the good fundamentals, total returns from the stock have been virtually flat over the last five years. For that reason, savvy investors might want to look further into this company in case it's a prime investment. If you'd like to know about the risks facing Fraser & Neave Holdings Bhd, we've discovered 1 warning sign that you should be aware of. For those who like to invest in solid companies, check out this free list of companies with solid balance sheets and high returns on equity. 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. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
The Star
22-05-2025
- Business
- The Star
FBM KLCI sinks to intraday low as banks drag
KUALA LUMPUR: The FBM KLCI ended at its intraday low on Thursday, dragged down by selling in banking stocks amid weak regional markets. The FBM KLCI fell 17.78 points, or 1.15%, to 1,527.02, marking its sixth straight session of losses. The index had earlier touched an intraday high of 1,541.46. The broader market sagged, with decliners outnumbering gainers 660 to 298, as 2.78 billion shares worth RM2.15 billion changed hands. F&N, the top loser on Bursa Malaysia, fell 24 sen to RM27.24. Malaysian Pacific Industries lost 20 to RM18, MSM slid 19 sen to RM1.20, and KLCC declined 19 sen to RM8.70. Top gainers include Heineken, which rose 50 sen to RM28.30, Dutch Lady gained 44 sen to RM30.10, Nestle added 34 sen to RM80, and United Plantations climbed 22 sen to RM22.88. Among the banks, Maybank fell 18 sen to RM9.82, CIMB lost 15 sen to RM6.85, Public Bank declined 13 sen to RM4.30, Hong Leong Bank slid 22 sen to RM19.78, while RHB ended flat at RM6.71. On the forex market, the ringgit strengthened by 0.26% against the US dollar to 4.2600, and appreciated by 0.25% against the Singapore dollar to 3.3009. Around the region, MSCI's Asia ex-Japan stock index was weaker by 0.93%. Japan's Nikkei 225 ended down 0.84% at 36,985.87, while South Korea's Kospi finished 1.22% lower at 2,593.67. Hong Kong's Hang Seng index closed down 1.19% at 23,544.31. China's blue-chip CSI 300 index ended down 0.06% at 3,913.86, while the Shanghai Composite Index lost 0.22% to 3,380.19.
The Star
20-05-2025
- Business
- The Star
Selling pressure drags KLCI lower amid mixed regional markets
KUALA LUMPUR: Bursa Malaysia extended its decline on Tuesday as continued selling pressure dragged the benchmark index lower, despite a mixed broader market. At 5 pm, the benchmark FBM KLCI fell 7.27 points to 1,548.87, recovering slightly from an intraday low of 1,545.77 after reaching a high of 1,561.10 earlier in the day. Winners and losers were closely balanced, with 478 gainers against 458 losers and 496 that were flat. About 2.6 billion shares, valued at RM1.98bil, changed hands. Among the decliners, Nestle slid 54 sen to RM80.26, F&N fell 52 sen to RM26.28, PETRONAS Dagangan declined 50 sen to RM19.14 and Kuala Lumpur Kepong lost 20 sen to RM19.80. Dutch Lady was the top gainer on Bursa Malaysia, rising 40 sen to RM29.50. Heineken added 30 sen to RM28.06, LPI Capital gained 20 sen to RM15 and Negri Sembilan Oil Palms climbed 16 sen to RM4.59. Newly listed PEOPLElogy rose 6%, or 1.5 sen to 26.5 sen with 47.85 million shares traded. On the forex market, the ringgit rose 0.09% against the US dollar to 4.2870 and gained 0.18% against the Singapore dollar to 3.3102. Elsewhere in the region, markets closed mixed. Japan's Nikkei 225 edged up 0.08%, Hong Kong's Hang Seng Index gained 1.49%, South Korea's Kospi slipped 0.06%, while China's CSI 300 Index rose 0.54%.
The Star
14-05-2025
- Business
- The Star
FBM KLCI opens slightly higher but drifts lower on profit-taking
KUALA LUMPUR: The FBM KLCI opened higher on relief over the trade war reprieve but quickly reversed course, drifting lower on profit-taking after yesterday's strong gains. The market barometer fell 3.85 points, or 0.24%, to 1,578.54 at 9.09 am. The index opened 0.84 of a point higher at 1,582.39. Overnight, the Dow Jones Industrial Average fell 0.64%, to 42,140.43, the S&P 500 gained 0.72%, to 5,886.55 and the Nasdaq Composite gained 1.61%, to 19,010.09. On Bursa Malaysia, F&N rose 26 sen to RM26.86, DKSH added 26 sen to RM5.25, BLD Plantation gained 20 sen to RM11.20 and Malaysian Pacific Industries climbed 16 sen to RM21.14. Conversely, Heineken fell 24 sen to RM27.30, CIMB declined nine sen to RM7.22, Ayer lost 10 sen to RM7.70 and Panasonic Manufacturing eased 10 sen to RM13.90. Inter-Pacific Research said the key index may continue its upward trajectory as strong buying interest, especially from foreign funds, returns. It said the positive momentum is also supported by improved global equity market sentiment, following signs of easing in the trade dispute between the U.S. and China. However, the research house noted that some hesitation may emerge in the upcoming session, as recent strong gains have pushed technical indicators towards overbought levels. At the same time, market participants are likely to remain cautious ahead of the 1Q2025 GDP data due this Friday, as they look for signs of how tariffs have affected the country's economic performance. As such, it noted that any further upside may be more limited given the already toppish conditions, with potential bouts of profit-taking likely to slow the market's momentum. 'On the upside, the hurdles are now at 1,586-1,590 levels, which also corresponds to the 200-day moving average line that may serve as a significant resistance level. 'The other hurdle is at the psychological 1,600 level, while the supports are at the 1,575 points and 1,565 points respectively,' Inter-acific said.
