DOCSLIB.ORG

Hong Leong Bank Berhad

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Hong Leong Bank Berhad June 6, 2018 Global Markets Research Fixed Income Fixed Income Daily Market Snapshot US Treasuries UST US Treasuries gained with yields slipping 1-3bps across the T enure C lo sing (%) C hg (bps) curve as markets were torn between upbeat US data and 2-yr UST 2.49 -2 renewed selloff in Italian bonds that prompted a 25bps rally 5-yr UST 2.77 -3 10-yr UST 2.93 -1 in the 10Y to 2.79%. The UST curve bull steepened with the 30-yr UST 3.08 0 2s losing 2bps to 2.49% while the 10s shed just a bp to 2.93%. With no new supply in the pipeline this week, we expect US treasuries to be influenced by trade balance and MGS GII* initial jobless claims data as well as trade and geopolitical T enure C lo sing (%) C hg (bps) C lo sing (%) C hg (bps) development before cautiousness ahead of next week’s 3-yr 3.71 0 3.73 9 5-yr 3.84 2 4.02 0 FOMC meeting sets in. 7-yr 4.03 0 4.17 1 10-yr 4.18 0 4.33 0 MGS/GII 15-yr 4.62 0 4.77 4 rd Trading volume in local govvies pulled back further for a 3 20-yr 4.90 0 4.93 9 consecutive day, to RM875m as much softer trading 30-yr 4.93 1 5.01 1 momentum in MGS overwhelmed a pick-up in trading * M arket indicative levels interests in GII. Yields were seen largely unchanged in the MGS space with the benchmark 7Y and 10Y flat at 4.03% and M YR IRS Levels 4.18% respectively. Meanwhile, GII yields were generally IR S C lo sing (%) C hg (bps) higher by 1-9bps with the 3Y and 20Y edging up the most, by 1-yr 3.75 0 9bps each to 3.73% and 4.93% respectively. Trading activities 3-yr 3.81 0 were skewed to the 4-5Y tenors i.e. MGS 03/22, MGS 03/23, 5-yr 3.89 1 MGS 04/23, GII 04/22 and GII 11/23 which collectively made 7-yr 3.98 0 10-yr 4.12 -1 up 43% of total trading volume for the day. Trading Source : Bloomberg momentum may remain soft amid still cautious market sentiments but the government assurance of a budget deficit target of 2.8% of GDP could potentially keep a lid on outflows. External trade numbers released yesterday was decent, Upcoming Government Bond Tenders reaffirming that economic fundamentals are still sound. Corp Bonds/Sukuk Corporate Bonds saw sustained trade volume of RM488m with well-spread interests across the curve. The AA-rated segment remained the darling of investors, collectively accounted for close to 80% of deals transacted. Names that saw substantial interests include Sime Darby Plantation, Gamuda, Southern Power and Public Islamic Bank for the banking front. In the GG segment, PASB ‘6/23, Prasa ‘9/27, DanaInfara ‘2/43 and LPPSA ‘ 9/46 saw a combined RM60m being dealt. Expect sustained appetite for Corp Bonds/Sukuk. 1 FIXED INCOME June 6, 2018 Daily Trades : Government Bonds Securities Closing Vol Previous Previous Chg YTM (RM mil) YTM Trade Date (bp) (dd/mm/yyyy) MGS 09/18 3.359 37 3.264 04/06/2018 10 MGS 07/19 3.495 4 3.468 04/06/2018 3 MGS 10/19 3.489 58 3.482 04/06/2018 1 MGS 11/19 3.494 0 3.480 04/06/2018 1 MGS 03/20 3.605 0 3.576 04/06/2018 3 MGS 07/20 3.624 1 3.693 04/06/2018 -7 MGS 10/20 3.658 40 3.666 04/06/2018 -1 MGS 07/21 3.814 5 3.842 04/06/2018 -3 MGS 09/21 3.765 9 3.820 04/06/2018 -5 MGS 11/21 3.713 16 3.728 04/06/2018 -2 MGS 03/22 3.924 67 3.878 04/06/2018 5 MGS 03/23 4.025 30 3.943 04/06/2018 8 MGS 04/23 3.836 40 3.797 01/06/2018 4 MGS 07/24 4.303 20 4.190 04/06/2018 11 MGS 09/24 4.158 8 4.140 04/06/2018 2 MGS 07/25 4.272 20 4.200 31/05/2018 7 MGS 09/25 4.253 7 4.277 04/06/2018 -2 MGS 04/26 4.301 0 4.301 01/06/2018 0 MGS 11/26 4.341 2 4.333 04/06/2018 1 MGS 11/27 4.275 3 4.315 04/06/2018 -4 MGS 06/28 4.183 70 4.182 04/06/2018 0 MGS 04/30 4.669 2 4.697 04/06/2018 -3 MGS 06/31 4.700 25 4.696 04/06/2018 0 MGS 04/32 4.732 0 4.726 01/06/2018 1 MGS 04/33 4.742 7 4.742 04/06/2018 0 MGS 05/35 4.864 17 4.864 04/06/2018 0 MGS 04/37 4.901 4 4.901 04/06/2018 0 MGS 03/46 4.933 1 4.923 01/06/2018 1 GII 08/18 3.354 10 3.281 01/06/2018 7 GII 04/19 3.544 20 3.567 04/06/2018 -2 GII 04/20 3.720 18 3.702 04/06/2018 2 GII 08/20 3.721 1 3.703 31/05/2018 2 GII 04/22 3.933 121 3.936 04/06/2018 0 GII 07/22 3.967 10 3.967 31/05/2018 0 GII 07/23 4.055 41 4.071 04/06/2018 -2 GII 11/23 4.012 120 4.022 04/06/2018 -1 GII 05/24 4.195 20 4.231 14/05/2018 -4 GII 08/28 4.456 1 4.526 01/06/2018 -7 GII 08/33 4.796 20 4.828 01/06/2018 -3 GII 05/47 5.013 0 5.000 24/05/2018 1 875 2 FIXED INCOME June 6, 2018 Daily Trades: Corp Bonds / Sukuk Securities Rating Closing Vol Previous Previous Chg Spread YTM (RM mil) YTM Trade Date (bp) Against (dd/mm/yyyy) MGS* Pengurusan Air SPV Berhad 06/23 GG 4.408 20 4.410 04/06/2018 0 58 Prasarana Malaysia Berhad [fka Syarikat Prasarana Negara Berhad] 09/27 GG 4.582 10 4.521 04/04/2018 6 43 DanaInfra Nasional Berhad 02/43 GG 5.183 10 0.000 00/01/1900 518 29 Lembaga Pembiayaan Perumahan Sektor Awam 09/46 GG 5.250 20 5.220 26/01/2018 3 35 Aquasar Capital Sdn Berhad 07/23 AAA 4.571 10 4.438 17/02/2017 13 74 EKVE Sdn Berhad 01/33 AAA 5.091 4 5.000 20/12/2017 9 47 Tenaga Nasional Berhad 08/37 AAA 5.168 1 5.179 28/05/2018 -1 27 Hong Leong Bank Berhad 06/24 AA1 4.407 10 4.497 24/05/2018 -9 45 TRIplc Medical Sdn Berhad 10/26 AA1 4.687 10 4.841 22/03/2018 -15 58 YTL Power International Berhad 05/27 AA1 5.027 5 5.037 04/06/2018 -1 88 Public Islamic Bank Berhad 08/27 AA1 4.639 40 4.597 06/04/2018 4 49 TRIplc Medical Sdn Berhad 10/27 AA1 4.741 10 4.850 10/04/2018 -11 59 TRIplc Medical Sdn Berhad 10/31 AA1 4.981 5 5.011 04/05/2018 -3 36 TRIplc Medical Sdn Berhad 10/32 AA1 5.009 5 5.090 04/04/2018 -8 39 UMW Holdings Berhad 10/19 AA2 4.438 5 4.418 03/05/2018 2 103 Bright Focus Berhad 01/31 AA2 5.396 12 5.329 12/12/2017 7 77 Fortune Premiere Sdn Berhad 03/23 AA 4.929 5 4.791 13/03/2018 14 110 Sime Darby Plantation Sdn Bhd 03/16 AA 5.388 50 5.447 24/05/2018 -6 49 Gamuda Berhad 03/19 AA3 4.310 20 4.271 27/04/2018 4 90 Bumitama Agri Ltd 03/19 AA3 4.549 20 4.586 31/05/2018 -4 114 Bumitama Agri Ltd 09/19 AA3 4.632 20 4.637 04/06/2018 0 123 Gamuda Berhad 11/22 AA3 4.777 20 4.817 23/05/2018 -4 98 Gamuda Berhad 03/23 AA3 4.827 40 4.758 30/04/2018 7 100 RHB Investment Bank Berhad 04/25 AA3 4.975 1 4.706 24/05/2018 27 95 AmBank Islamic Berhad (fka AmIslamic Bank Berhad) 12/25 AA3 4.787 1 4.764 22/12/2017 2 68 Tanjung Bin Energy Issuer Berhad 03/32 AA3 5.205 2 5.179 07/05/2018 3 58 Alpha Circle Sdn Berhad 02/21 AA- 5.401 6 5.411 18/05/2018 -1 169 Southern Power Generation Sdn Berhad 04/22 AA- 4.628 25 4.636 15/01/2018 -1 83 Southern Power Generation Sdn Berhad 10/22 AA- 4.668 15 4.563 02/04/2018 11 87 Southern Power Generation Sdn Berhad 10/25 AA- 4.843 10 4.849 15/05/2018 -1 81 Southern Power Generation Sdn Berhad 04/26 AA- 4.858 10 4.781 29/03/2018 8 75 Southern Power Generation Sdn Berhad 04/31 AA- 5.108 20 5.107 04/06/2018 0 48 Jimah East Power Sdn Berhad 12/32 AA- 5.278 20 5.294 17/05/2018 -2 65 Tan Chong Motor Holdings Berhad 11/19 A1 5.901 2 5.920 23/05/2018 -2 250 AMMB Holdings Berhad 02/28 A1 5.062 2 4.927 22/05/2018 14 87 CIMB Group Holdings Berhad 05/16 A1 5.349 1 5.350 01/06/2018 0 45 CIMB Group Holdings Berhad 05/16 A1 5.152 0 5.380 01/06/2018 -23 25 Mudajaya Corporation Berhad 01/19 A2 5.690 10 5.794 03/01/2018 -10 229 Alliance Bank Malaysia Berhad 10/25 A2 5.215 1 5.451 25/05/2018 -24 119 Bank Muamalat Malaysia Berhad 06/26 A3 5.603 2 5.620 12/02/2018 -2 150 Bank Muamalat Malaysia Berhad 11/21 A 5.483 5 5.227 07/05/2018 26 177 Mah Sing Group Berhad 03/15 - 5.614 3 5.616 04/06/2018 0 72 488 *spread against nearest indicative tenured MGS (Source : BPAM) Market/Corporate News: What’s Brewing The Malaysia Retailers Association (MRA) forecasts retail sales to be 5.3% for 2018, an improvement from the 4.7% growth in its March survey, boosted temporarily by the zero Goods and Sales Tax in June.
Load more

Recommended publications
  • Hong Leong Bank Berhad
    March 6, 2018 Global Markets Research Fixed Income Fixed Income Daily Market Snapshot US Treasuries UST T enure C lo sing (%) C hg (bps) US Treasuries ended slightly weaker over a muted session with 2-yr UST 2.24 0 overall yields a mere 1-2 bps higher amid decent economic data 5-yr UST 2.65 2 by ISM. The curve bear-steepened slightly with the front end 2Y 10-yr UST 2.88 2 30-yr UST 3.15 1 (which is sensitive to Fed policy interest rate expectations) unchanged at 2.24% whilst the much-watched 10Y weakened MGS GII* pushing yields higher by 2bps at 2.88%. Meanwhile market T enure C lo sing (%) C hg (bps) C lo sing (%) C hg (bps) players will be following trade-related news as US President 3-yr 3.39 -1 3.55 0 Trump faces growing pressure following the imposition of tariffs 5-yr 3.59 0 3.85 0 7-yr 3.89 -1 4.05 0 on steel and aluminium products. Upcoming data includes the all- th 10-yr 4.01 1 4.19 0 important NFP figures out on 9 this Friday. 15-yr 4.44 0 4.58 0 20-yr 4.55 -3 4.78 0 30-yr 4.76 -1 4.96 0 MGS/GII * M arket indicative levels Local Govvies reversed the strong volume seen in recent M YR IRS Levels sessions with secondary market volume down at RM1.03b. IR S C lo sing (%) C hg (bps) Interest was mainly seen in the shorter off-the-run 21’s and 24’s; 1-yr 3.76 -1 Despite lower traded volume; benchmark yields were generally 3-yr 3.83 0 0-3bps lower.
    [Show full text]
  • 12 June 2018
    June 12, 2018 Global Markets Research Fixed Income Fixed Income Daily Market Snapshot US Treasuries US Treasuries ended range-bound within 0-2bps higher as UST market was able to digest the double-auction of UST$32b T enure C lo sing (%) C hg (bps) of UST3Y; averaging 2.664% and also $22b of UST10Y 2-yr UST 2.52 2 which averaged at 2.962%. The front-end was weaker 5-yr UST 2.80 1 ahead of the all-important FOMC meeting schedule for this 10-yr UST 2.95 1 Wednesday. Focus will also be on Trump-Kim meeting in 30-yr UST 3.09 0 Singapore today. Meanwhile UST Futures is reputed to spike on rumors of the sudden illness of Trump’s top MGS GII* economic adviser; Larry Kudlow. Even though another T enure C lo sing (%) C hg (bps) C lo sing (%) C hg (bps) 3-yr 3.70 -3 3.72 0 25bps rate hike in the upcoming FOMC meeting this week 5-yr 3.85 0 4.04 2 is a done deal in our view, markets are looking for more th 7-yr 4.03 0 4.18 0 clues if the Fed will deliver a 4 rate hike for the year. 10-yr 4.23 0 4.35 0 15-yr 4.62 0 4.72 0 MGS/GII 20-yr 4.90 1 4.84 0 30-yr 4.95 7 5.01 0 Trading momentum in local govvies maintained as total * M arket indicative levels volume of RM1.66b was largely due to some interest on the short-end 18-19’s mainly by offshore flows.
    [Show full text]
  • Malaysian Invited Companies Company Name Country Robecosam Industry AMMB Holdings Bhd Malaysia BNK Banks Astro Malaysia Holdings
    Malaysian invited companies Company_Name Country RobecoSAM_Industry AMMB Holdings Bhd Malaysia BNK Banks Astro Malaysia Holdings Bhd Malaysia PUB Media Axiata Group Bhd Malaysia TLS Telecommunication Services Batu Kawan Bhd Malaysia CHM Chemicals British American Tobacco Malaysia Bhd Malaysia TOB Tobacco Bumi Armada Bhd Malaysia OIE Energy Equipment & Services CIMB Group Holdings Bhd Malaysia BNK Banks Dialog Group Bhd Malaysia CON Construction & Engineering Digi.com Bhd Malaysia TLS Telecommunication Services Felda Global Ventures Holdings Bhd Malaysia FOA Food Products Gamuda Bhd Malaysia CON Construction & Engineering Genting Bhd Malaysia CNO Casinos & Gaming Genting Malaysia Bhd Malaysia CNO Casinos & Gaming Hong Leong Bank Bhd Malaysia BNK Banks Hong Leong Financial Group Bhd Malaysia BNK Banks IHH Healthcare Bhd Malaysia HEA Health Care Providers & Services IJM Corp Bhd Malaysia CON Construction & Engineering IOI Corp Bhd Malaysia FOA Food Products IOI Properties Group Bhd Malaysia REA Real Estate Kuala Lumpur Kepong Bhd Malaysia FOA Food Products Lafarge Malaysia Bhd Malaysia COM Construction Materials Malayan Banking Bhd Malaysia BNK Banks Malaysia Airports Holdings Bhd Malaysia TRA Transportation and Transportation Infrastructure Maxis Bhd Malaysia TLS Telecommunication Services MISC Bhd Malaysia TRA Transportation and Transportation Infrastructure Nestle Malaysia Bhd Malaysia FOA Food Products Petronas Chemicals Group Bhd Malaysia CHM Chemicals Petronas Dagangan BHD Malaysia OIX Oil & Gas Petronas Gas BHD Malaysia GAS Gas Utilities
    [Show full text]
  • Hong Leong Bank Berhad
    June 8, 2021 Global Markets Research Fixed Income Fixed Income Dail y Market Snapshot US Treasuries • US Treasuries ended slightly weaker on Monday, a departure from last Friday’s rally following weaker-than-expected jobs data for UST May. Bond movements were seen lacking catalysts with limited Tenure Closing (%) Chg (bps) price action with the new auction cycle starting on Tuesday. Overall 2-yr UST 0.16 1 5-yr UST 0.79 1 benchmark yields edged between 1-2bps with the UST 2Y yield 10-yr UST 1.57 2 closing at 0.16% whilst the much-watched 10Y bond at 1.57%. 30-yr UST 2.25 2 Nevertheless, there was little to suggest that there were major fears over Fed tapering or even additional stimulus for now. The Treasury MGS GII* auction cycle this week comprises $58b 3Y new issue on Tuesday Tenure Closing (%) Chg (bps) Closing (%) Chg (bps) followed by $38b 10Y and $24b 30Y reopenings on Wednesday 3-yr 2.24 0 2.01 0 and Thursday. Elsewhere, the flood of cash continues to 5-yr 2.52 0 2.65 0 7-yr 2.98 3 2.94 0 overwhelm US dollar funding markets despite the mere offering of 10-yr 3.24 -3 3.30 0 0% rate on the Fed facility. Meanwhile, expect attention to shift to 15-yr 3.94 6 4.02 1 the US inflation data and ECB meeting outcome on Thursday. 20-yr 4.15 2 4.27 0 MGS/GIIl 30-yr 4.28 0 4.49 -1 * Market indicative levels • Financial markets were closed Monday due to the public holiday However last Friday, local govvies were slightly pressured going MYR IRS Levels into the long weekend; breaking the recent upward trend for the IRS Closing (%) Chg (bps) past several sessions with overall benchmark yields closing 1-yr 1.95 0 between 0-6bps higher save for the 10Y MGS and 30Y GII.
    [Show full text]
  • ESG Ratings of Plcs Assessed by FTSE Russell# in Accordance with FTSE Russell ESG Ratings Methodology
    ESG Ratings of PLCs assessed by FTSE Russell# in accordance with FTSE Russell ESG Ratings Methodology Definition Top 25% by ESG Ratings amongst PLCs in FBM EMAS that have been assessed by FTSE Russell Top 26-50% by ESG Ratings amongst PLCs in FBM EMAS that have been assessed by FTSE Russell Top 51%- 75% by ESG Ratings amongst PLCs in FBM EMAS that have been assessed by FTSE Russell Bottom 25% by ESG Ratings amongst PLCs in FBM EMAS that have been assessed by FTSE Russell Stock Company Name Sector F4GBM ESG Grading Code (sorted By Alphabetical) Index Band 6599 AEON CO. (M) BHD CONSUMER PRODUCTS & SERVICES ** 5139 AEON CREDIT SERVICE (M) BHD FINANCIAL SERVICES Yes *** 7078 AHMAD ZAKI RESOURCES BHD CONSTRUCTION *** 5099 AIRASIA GROUP BERHAD CONSUMER PRODUCTS & SERVICES *** 5238 AIRASIA X BERHAD CONSUMER PRODUCTS & SERVICES ** 2658 AJINOMOTO (M) BHD CONSUMER PRODUCTS & SERVICES Yes *** 2488 ALLIANCE BANK MALAYSIA BERHAD FINANCIAL SERVICES Yes *** 5293 AME ELITE CONSORTIUM BERHAD CONSTRUCTION * 1015 AMMB HOLDINGS BHD FINANCIAL SERVICES Yes **** 6556 ANN JOO RESOURCES BHD INDUSTRIAL PRODUCTS & SERVICES * 6399 ASTRO MALAYSIA HOLDINGS BERHAD TELECOMMUNICATIONS & MEDIA Yes **** 6888 AXIATA GROUP BERHAD TELECOMMUNICATIONS & MEDIA Yes *** 5106 AXIS REITS REAL ESTATE INVESTMENT TRUSTS ** 3395 BERJAYA CORPORATION BHD INDUSTRIAL PRODUCTS & SERVICES ** 1562 BERJAYA SPORTS TOTO BHD CONSUMER PRODUCTS & SERVICES ** 5248 BERMAZ AUTO BERHAD CONSUMER PRODUCTS & SERVICES Yes **** 2771 BOUSTEAD HOLDINGS BHD INDUSTRIAL PRODUCTS & SERVICES ** 4162 BRITISH AMERICAN
    [Show full text]
  • ASEAN Asset Class Publicly Listed Companies 2019 (Score 97.50 Points and Above - by Alphabetical Order)
    ASEAN Asset Class Publicly Listed Companies 2019 (score 97.50 points and above - by alphabetical order) NAME OF PUBLICLY LISTED COMPANY COUNTRY 1 2GO GROUP, INC. Philippines 2 ADVANCE INFO SERVICE PUBLIC COMPANY LIMITED Thailand 3 AIRPORTS OF THAILAND PUBLIC COMPANY LIMITED Thailand 4 ALLIANCE BANK MALAYSIA BHD Malaysia 5 ALLIANZ MALAYSIA BHD Malaysia 6 AMATA CORPORATION PUBLIC COMPANY LIMITED Thailand 7 AMMB HOLDINGS BHD Malaysia 8 ASTRO MALAYSIA HOLDINGS BERHAD Malaysia 9 AXIATA GROUP BERHAD Malaysia 10 AYALA CORPORATION Philippines 11 AYALA LAND, INC. Philippines 12 BANGCHAK CORPORATION PUBLIC COMPANY LIMITED Thailand 13 BANGKOK AVIATION FUEL SERVICES PUBLIC COMPANY LIMITED Thailand 14 BANK OF AYUDHYA PUBLIC COMPANY LIMITED Thailand 15 BANK OF THE PHILIPPINE ISLANDS Philippines 16 BDO UNIBANK, INC. Philippines 17 BELLE CORPORATION Philippines 18 BIMB HOLDINGS BHD Malaysia 19 BRITISH AMERICAN TOBACCO (MALAYSIA) BHD Malaysia 20 BURSA MALAYSIA BHD Malaysia 21 CAHYA MATA SARAWAK BHD Malaysia 22 CAPITALAND LIMITED Singapore 23 CENTRAL PATTANA PUBLIC COMPANY LIMITED Thailand 24 CHAROEN POKPHAND FOODS PUBLIC COMPANY LIMITED Thailand 25 CHINA BANKING CORPORATION Philippines 26 CIMB GROUP HOLDINGS BHD Malaysia 27 CITY DEVELOPMENTS LIMITED Singapore 28 COL PUBLIC COMPANY LIMITED Thailand 29 COMFORTDELGRO CORP LIMITED Singapore 30 DBS GROUP HOLDINGS LTD Singapore NAME OF PUBLICLY LISTED COMPANY COUNTRY 31 DIGI.COM BHD Malaysia 32 DMCI HOLDINGS, INC. Philippines 33 EASTERN WATER RESOURCES DEVELOPMENT AND MANAGEMENT PCL. Thailand 34 ELECTRICITY GENERATING PUBLIC COMPANY LIMITED Thailand 35 FAR EAST ORCHARD LIMITED Singapore 36 FRASER AND NEAVE LIMITED Singapore 37 FRASERS PROPERTY LIMITED Singapore 38 GLOBAL POWER SYNERGY PUBLIC COMPANY LIMITED Thailand 39 GLOBE TELECOM, INC.
    [Show full text]
  • FTSE Publications
    2 FTSE Russell Publications 28 October 2020 FTSE Malaysia USD Net Tax Index Indicative Index Weight Data as at Closing on 27 October 2020 Constituent Index weight (%) Country Constituent Index weight (%) Country Constituent Index weight (%) Country AirAsia Group Berhad 0.16 MALAYSIA Hong Leong Bank 1.83 MALAYSIA Press Metal Aluminium Holdings 2.07 MALAYSIA Alliance Bank Malaysia 0.48 MALAYSIA Hong Leong Financial 0.66 MALAYSIA Public Bank BHD 9.5 MALAYSIA AMMB Holdings 1.1 MALAYSIA IHH Healthcare 2.99 MALAYSIA QL Resources 1.31 MALAYSIA Astro Malaysia Holdings 0.22 MALAYSIA IJM 0.87 MALAYSIA RHB Bank 1.3 MALAYSIA Axiata Group Bhd 2.49 MALAYSIA IOI 2.73 MALAYSIA Sime Darby 1.65 MALAYSIA British American Tobacco (Malaysia) 0.27 MALAYSIA IOI Properties Group 0.31 MALAYSIA Sime Darby Plantation 3.39 MALAYSIA CIMB Group Holdings 4.14 MALAYSIA Kuala Lumpur Kepong 2.05 MALAYSIA Sime Darby Property 0.38 MALAYSIA Dialog Group 3.3 MALAYSIA Malayan Banking 8.28 MALAYSIA Telekom Malaysia 0.93 MALAYSIA Digi.com 2.8 MALAYSIA Malaysia Airports 0.74 MALAYSIA Tenaga Nasional 7.53 MALAYSIA FGV Holdings 0.41 MALAYSIA Maxis Bhd 2.65 MALAYSIA Top Glove Corp 8.82 MALAYSIA Fraser & Neave Holdings 0.64 MALAYSIA MISC 1.9 MALAYSIA Westports Holdings 0.8 MALAYSIA Gamuda 1.48 MALAYSIA Nestle (Malaysia) 1.69 MALAYSIA YTL Corp 0.72 MALAYSIA Genting 1.34 MALAYSIA PETRONAS Chemicals Group Bhd 3.28 MALAYSIA Genting Malaysia BHD 1.11 MALAYSIA Petronas Dagangan 1.18 MALAYSIA Hap Seng Consolidated 0.93 MALAYSIA Petronas Gas 1.79 MALAYSIA Hartalega Holdings Bhd 5.25 MALAYSIA PPB Group 2.49 MALAYSIA Source: FTSE Russell 1 of 2 28 October 2020 Data Explanation Weights Weights data is indicative, as values have been rounded up or down to two decimal points.
    [Show full text]
  • Hong Leong Bank Berhad
    January 26, 2018 Global Markets Research Fixed Income Fixed Income Daily Market Snapshot US Treasuries UST T enure C lo sing (%) C hg (bps) US Treasuries reversed losses in earlier sessions by rallying as 2-yr UST 2.09 1 the curve bull-flattened amid strong 7Y auction which averaged 5-yr UST 2.42 -1 2.565%. Yields were generally lower by up to 5bps (save for the 10-yr UST 2.62 -3 30-yr UST 2.88 -5 2Y; sensitive to Fed policy interest rate expectations which nudged 1bps higher at 2.09%). The 5s30s spread resumed MGS GII* tightening by as much as 3bps. The much-watched 10Y moved T enure C lo sing (%) C hg (bps) C lo sing (%) C hg (bps) 2bps lower at 2.62%. The recent movement of yields; especially 3-yr 3.35 -2 3.54 0 the 10Y UST suggest that volatility may begin emerging unlike 5-yr 3.62 8 3.88 -1 7-yr 3.89 -1 4.08 -3 the “goldilocks” era of debt levels in 2017. Upcoming data today 10-yr 3.92 -1 4.16 -2 include annualized GDP figures for 4Q with survey polls lower at 15-yr 4.44 1 4.55 0 3.0%. 20-yr 4.62 -1 4.78 0 30-yr 4.86 -4 4.95 0 * M arket indicative levels M YR IRS Levels MGS/GII IR S C lo sing (%) C hg (bps) Local Govvies saw volume traded improve to RM2.67b with 1-yr 3.70 5 investor interest shifting to the mid-to-long ends i.e.
    [Show full text]
  • Hong Leong Bank Berhad
    January 9, 2019 Global Markets Research Fixed Income Fixed Income Daily Market Snapshot UST US Treasuries Tenure Closing (%) Chg (bps) US Treasuries dipped yet again yesterday for the 3rd session; 2-yr UST 2.59 4 causing yields led by the front-end to settle sharply higher as the 5-yr UST 2.58 4 curve continued flattening. Overall benchmark yields ended 2-4bps 10-yr UST 2.73 3 higher with the 2Y spiking by 4bps at 2.59% whilst the much- 30-yr UST 3.01 2 watched 10Y ended 3bps up at 2.73%. The first coupon sale auction for 2019 saw $38b of 3Y notes end with a weaker BTC ratio MGS GII* of 2.44x versus previous six auction average of 2.59x. Meanwhile, investors and analysts concerns remain on the inversion and parish Tenure Closing (%) Chg (bps) Closing (%) Chg (bps) yield levels on the front-end of the curve on lesser rate hike 3-yr 3.57 0 3.64 0 possibility and optimsm of trade talks between US and China. 5-yr 3.73 0 3.80 -1 7-yr 3.98 0 4.04 0 MGS/GII 10-yr 4.07 0 4.19 -4 Trading momentum in local govvies maintained traction on high 15-yr 4.38 0 4.49 -3 volume of RM4.16b amid a solid 10Y GII bond auction with interest 20-yr 4.59 1 4.72 -1 seen maily in both the old and current 10Y benchmark GII/MGS 30-yr 4.79 -2 4.91 0 bonds followed by the shorter off-the-run 19’s and 24’s.
    [Show full text]
  • Executive Summary
    BM056-3-5.2-FMGT Individual Assignment Asian Pacific University EXECUTIVE SUMMARY This documentation provides two companies within Bursa Malaysia (KLSE), representing two different sectors. Astro Holdings Berhad is a leading integrated consumer media entertainment group and is classified under the trading and serve sector. Sunway Berhad is engaged in two businesses: property and construction and is classified under the infrastructure sector. Both companies financial sources/resource are obtained from Bank loans and shareholders. In addition, Astro and Sunway Berhad have a significant amount of debt however, Astro has a reduced debt amount as compared to Sunway, with Astro sitting on RM3671 million while Sunway sits on RM2.33 billion. Astro’s debt profile is categorized into three (3) main contributors; USD term loan, RM term loan and Finance lease. It seems that Astro and Sunway have different challenges that are being faced. Astro’s operating expenses will peak in FY14 as the company focuses on reinvesting for growth. On the other hand, Sunway’s Group’s balance sheet is expected to weaken further as it gears up for property development and to build up its investment properties portfolio. Sunway Berhad’s debts are projected to rise between RM2.91 billion and RM3.30 billion in the next 1-2 years (according to RAM holdings Berhad 2012). This documentation will included important figures and tables such as the company’s liabilities, Assets, debts profile, financial ratio’s, institutional shareholders, financial summary and total debts of
    [Show full text]
  • FTSE Publications
    2 FTSE Russell Publications 28 October 2020 FTSE Malaysia Indicative Index Weight Data as at Closing on 27 October 2020 Constituent Index weight (%) Country Constituent Index weight (%) Country Constituent Index weight (%) Country AirAsia Group Berhad 0.16 MALAYSIA Hong Leong Bank 1.83 MALAYSIA Press Metal Aluminium Holdings 2.07 MALAYSIA Alliance Bank Malaysia 0.48 MALAYSIA Hong Leong Financial 0.66 MALAYSIA Public Bank BHD 9.5 MALAYSIA AMMB Holdings 1.1 MALAYSIA IHH Healthcare 2.99 MALAYSIA QL Resources 1.31 MALAYSIA Astro Malaysia Holdings 0.22 MALAYSIA IJM 0.87 MALAYSIA RHB Bank 1.3 MALAYSIA Axiata Group Bhd 2.49 MALAYSIA IOI 2.73 MALAYSIA Sime Darby 1.65 MALAYSIA British American Tobacco (Malaysia) 0.27 MALAYSIA IOI Properties Group 0.31 MALAYSIA Sime Darby Plantation 3.39 MALAYSIA CIMB Group Holdings 4.14 MALAYSIA Kuala Lumpur Kepong 2.05 MALAYSIA Sime Darby Property 0.38 MALAYSIA Dialog Group 3.3 MALAYSIA Malayan Banking 8.28 MALAYSIA Telekom Malaysia 0.93 MALAYSIA Digi.com 2.8 MALAYSIA Malaysia Airports 0.74 MALAYSIA Tenaga Nasional 7.53 MALAYSIA FGV Holdings 0.41 MALAYSIA Maxis Bhd 2.65 MALAYSIA Top Glove Corp 8.82 MALAYSIA Fraser & Neave Holdings 0.64 MALAYSIA MISC 1.9 MALAYSIA Westports Holdings 0.8 MALAYSIA Gamuda 1.48 MALAYSIA Nestle (Malaysia) 1.69 MALAYSIA YTL Corp 0.72 MALAYSIA Genting 1.34 MALAYSIA PETRONAS Chemicals Group Bhd 3.28 MALAYSIA Genting Malaysia BHD 1.11 MALAYSIA Petronas Dagangan 1.18 MALAYSIA Hap Seng Consolidated 0.93 MALAYSIA Petronas Gas 1.79 MALAYSIA Hartalega Holdings Bhd 5.25 MALAYSIA PPB Group 2.49 MALAYSIA Source: FTSE Russell 1 of 2 28 October 2020 Data Explanation Weights Weights data is indicative, as values have been rounded up or down to two decimal points.
    [Show full text]
  • ESG Ratings of Plcs Assessed by FTSE Russell# in Accordance with FTSE Russell ESG Ratings Methodology
    ESG Ratings of PLCs assessed by FTSE Russell# in accordance with FTSE Russell ESG Ratings Methodology Definition Top 25% by ESG Ratings amongst PLCs in FBM EMAS that have been assessed by FTSE Russell Top 26-50% by ESG Ratings amongst PLCs in FBM EMAS that have been assessed by FTSE Russell Top 51%- 75% by ESG Ratings amongst PLCs in FBM EMAS that have been assessed by FTSE Russell Bottom 25% by ESG Ratings amongst PLCs in FBM EMAS that have been assessed by FTSE Russell Stock Company Name Sector F4GBM ESG Grading Code (sorted By Alphabetical) Index Band 6599 AEON CO. (M) BHD CONSUMER PRODUCTS & SERVICES ** 5139 AEON CREDIT SERVICE (M) BHD FINANCIAL SERVICES Yes *** 7078 AHMAD ZAKI RESOURCES BHD CONSTRUCTION *** 5099 AIRASIA GROUP BERHAD CONSUMER PRODUCTS & SERVICES *** 5238 AIRASIA X BERHAD CONSUMER PRODUCTS & SERVICES ** 2658 AJINOMOTO (M) BHD CONSUMER PRODUCTS & SERVICES Yes *** 2488 ALLIANCE BANK MALAYSIA BERHAD FINANCIAL SERVICES Yes *** 5293 AME ELITE CONSORTIUM BERHAD CONSTRUCTION * 1015 AMMB HOLDINGS BHD FINANCIAL SERVICES Yes **** 6556 ANN JOO RESOURCES BHD INDUSTRIAL PRODUCTS & SERVICES * 6399 ASTRO MALAYSIA HOLDINGS BERHAD TELECOMMUNICATIONS & MEDIA Yes **** 6888 AXIATA GROUP BERHAD TELECOMMUNICATIONS & MEDIA Yes *** 5106 AXIS REITS REAL ESTATE INVESTMENT TRUSTS ** 3395 BERJAYA CORPORATION BHD INDUSTRIAL PRODUCTS & SERVICES ** 1562 BERJAYA SPORTS TOTO BHD CONSUMER PRODUCTS & SERVICES ** 5248 BERMAZ AUTO BERHAD CONSUMER PRODUCTS & SERVICES Yes **** 2771 BOUSTEAD HOLDINGS BHD INDUSTRIAL PRODUCTS & SERVICES ** 4162 BRITISH AMERICAN
    [Show full text]