Monetary & Financial Developments

Price Conditions: Headline inflation, as measured by the annual percentage change in the Consumer Price Index (CPI), was 2.8% in October 2014 (September: 2.6%). The increase mainly reflected the upward adjustments to prices of RON95 petrol and diesel during the month, which translated into a 5.3% price increase in the transport category (September: 0.5%). However, the increase in inflation was partially mitigated by lower inflation in the tobacco sub-category, following the downward revision in the prices of cigarette, as well as the slower increase in prices of food at home, which partly reflected the implementation of the festive season price control scheme by the Government.

Monetary Conditions Interbank rates were relatively stable in October. In terms of retail lending rates, the average base lending rate (BLR) of commercial banks was stable at 6.79%. Retail deposit rates were broadly unchanged over the period. On an annual basis, broad money (M3) grew by 5.4% in October. M3 grew mainly on account of credit extension to the private sector by the banking system. Net financing to the private sector grew at a slower pace of 8.6% in October, due to a moderation in the growth of net issuances of private debt securities (PDS) amidst stable growth in outstanding banking system loans. The annual growth of outstanding business loans increased during the month with a larger volume of loans extended mainly to the construction; manufacturing and finance, insurance and business services sectors. The annual growth in outstanding household loans, however, continued to moderate. Overall loan demand remained relatively stable with sustained loan applications from households.

Banking System: Banking system capitalisation remained at strong levels with the Common Equity Tier 1 Capital Ratio, Tier 1 Capital Ratio and Total Capital Ratio at 12.8%, 13.5% and 15.5% respectively. The level of net impaired loans was sustained at 1.3% of net loans while the loan loss coverage ratio remained above 100%.

Exchange Rates and International Reserves: In October, the ringgit exhibited a mixed performance against the currencies of Malaysia’s major trade partners. The ringgit, together with other regional currencies, depreciated against the US dollar during the month following a sharp increase in global risk aversion, which led to some unwinding of foreign holdings of regional financial assets. The heightened market uncertainty was mainly driven by concerns over the global growth momentum as the IMF and some national authorities revised their growth outlook lower. In the period between 1 and 14 November, the ringgit exhibited a mixed performance against the currencies of Malaysia’s major trade partners. The international reserves of Bank Negara Malaysia amounted to RM414.5 billion (equivalent to USD126.6 billion) as at 14 November 2014, sufficient to finance 8.7 months of retained imports and are 1.1 times the short-term external debt.

Sumber: Diterbitkan oleh: Jabatan Komunikasi Strategik, Tingkat 14, Blok B , Bangunan Bank Negara Malaysia, Jalan Dato’ Onn, 50480 Kuala Lumpur, Malaysia. Telefon: + 60(3 ) 2698 8044 Faksimili : + 60(3 ) 2693 6919 Web: www.bnm.gov.my

Bursa kekal tinggi pada tengah hari

KUALA LUMPUR: Saham di Bursa Malaysia kekal tinggi hingga tengah hari ini, seiring dengan bursa lain di rantau ini, kata peniaga. Pada jam 12.30 tengah hari, penanda aras FTSE Bursa Malaysia KLCI (FBM KLCI) naik 20.3 mata atau 1.21 peratus lebih tinggi kepada 1,702.2, selepas berlegar antara 1,688 dan 1,704.85 pada sesi pagi. Seorang peniaga berkata Bursa Malaysia dipengaruhi pemulihan pasaran saham rantau lain dengan pasaran Jepun, Nikkei 225 menokok 411.39 mata kepada 17,231.12, manakala pasaran Indonesia, Jakarta Composite naik 59.91 mata kepada 5,095.56, dan Straits Times di Singapura, meningkat 10.81 mata kepada 3,238.04. Bagaimanapun, di Hong Kong, Hang Seng susut 84.66 mata kepada 22,585.84.Dalam pasaran tempatan, Indeks Kewangan naik 105.66 mata kepada 15,088.14, Indeks Perusahaan menokok 36.02 mata kepada 3,079.97 dan Indeks Perladangan turut bertambah 114.96 mata kepada 7,514.62. Indeks FBM Emas naik 163.04 mata kepada 11,690.64, Indeks FBMT100 menokok 148.64 mata kepada 11,437.18, manakala Indeks FBM ACE meningkat 218.86 mata kepada 5,481.8, dan FBM 70 naik 213.24 mata kepada 12,730.5.

Sentimen pasaran positif dengan saham untung secara ketara mengatasi rugi iaitu 672 berbanding 144, 173 kaunter tidak berubah, 735 tidak diniagakan manakala 16 lain digantung. Jumlah dagangan sebanyak 1.15 bilion saham bernilai RM834.77 juta. Antara saham wajaran tinggi, Maybank naik tujuh sen kepada RM8.51, TNB menokok 28 sen kepada RM13.42, Public Bank susut 12 sen kepada RM17.50, Axiata meningkat 12 sen kepada RM6.92 dan Sime Darby naik 26 sen kepada RM9.08.

Kaunter aktif, termasuk Sumatec naik satu sen kepada 24 sen, Systech dan Perisai Petroleum masing-masing naik tiga sen kepada 22 sen dan 46.5 sen manakala PDZ menokok setengah sen kepada 15 sen. 

SUMBER:http://www.bharian.com.my/node/23972

Harga minyak sawit mentah ditutup rendah

KUALA LUMPUR: Harga niaga hadapan minyak sawit mentah (MSM) di Bursa Malaysia Derivatif ditutup tinggi hari ini setelah muncul semula minat belian, kata seorang peniaga. Pakar produk derivatif Phillip Futures Sdn Bhd, David Ng, berkata sentimen pasaran positif berikutan anggaran eksport yang menggalakkan oleh penyelidik kargo. Menurut Intertek Testing, eksport produk minyak sawit Malaysia bagi 10 hari pertama Disember naik 1.7 peratus kepada 407,425 tan berbanding 400,614 tan pada tempoh yang sama bulan lepas. Ng berkata, data daripada Lembaga Minyak Sawit Malaysia (MPOB) juga membantu merangsang pasaran MSM hari ini.Menurut MPOB, stok minyak sawit meningkat 5.2 peratus kepada 2.28 juta tan pada November berbanding 2.16 juta tan yang dicatatkan pada bulan sebelumnya. "Pengeluaran dilihat memuncak dan mula kitaran hasil yang rendah. Kami menjangka pengeluaran yang rendah pada bulan akan datang," kata Ng.

Semasa pasaran ditutup, Disember 2014 menambah RM33 kepada RM2,140 satu tan dan Januari 2015 meningkat RM38 kepada RM2,168 satu tan.Februari 2015 menokok RM45 kepada RM2,175 satu tan dan Mac 2015 menambah RM44 kepada RM2,179 satu tan.Jumlah dagangan melonjak 56,489 lot berbanding 43,120 lot semalam manakala kepentingan terbuka naik kepada 254,557 kontrak daripada 238,949 kontrak sebelumnya.Di pasaran fizikal, Selatan Disember meningkat RM20 kepada RM2,170 satu tan.

SUMBER:http://www.bharian.com.my/node/22487/RABU, 10 DISEMBER 2014 @ 8:41 PM