EPF records 20% increase in total investment income

  • 📰 staronline
  • ⏱ Reading Time:
  • 40 sec. here
  • 8 min. at publisher
  • 📊 Quality Score:
  • News: 40%
  • Publisher: 75%

Corporate News Notícia

EPF,Investment,KWSP

NEW YORK (Reuters) - Investors are piling into bullish options bets on Tesla shares, with the stock hitting its highest level in more than two years on bets that CEO Elon Musk’s close ties to President-elect Donald Trump may benefit the electric car maker.

PETALING JAYA: The Employees Provident Fund reported an investment income of RM57.57bil for the nine months ended Sept 30, 2024 , marking a 20% increase from RM47.86bil in the same period in 2023.

“Investor sentiment remains positive, bolstered by the performance of Malaysian companies, economic policies and fiscal reforms. “Nonetheless, risks remain in the global outlook such as the trajectory and pace of interest rate reductions, persistent and escalating geopolitical tensions particularly in the Middle East, and potential higher import tariffs into the United States with the election of Donald Trump last week,” he added.

This asset class, comprising Malaysian Government Securities and equivalents, as well as loans and bonds, contributed 33% or RM6.51bil, to EPF’s total investment income for 3Q24. The EPF’s investments in real estate and infrastructure have a longer-term horizon where currency movements have less impact on overall actual returns.

Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

 /  🏆 4. in BR
 

Obrigado pelo seu comentário. Seu comentário será publicado após ser revisado.

Brasil Últimas Notícias, Brasil Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

EPF reports 20% rise in investment income to RM57.57bil for 9M24SELAYANG: 'Insp Sheila' has been discharged and acquitted by a magistrate's court of a charge of insulting the modesty of a lawyer last year.
Fonte: staronline - 🏆 4. / 75 Consulte Mais informação »