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MANAGEMENT DISCUSSION & ANALYSIS
Axiata Group Berhad | Annual Report 2016
031
5.0
4.0
4.5
5.5
6.0
6.5
500
800
1,000
1,200
1,400
1,600
1,800
2.0
1.0
2009
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
2010
2011
2012
2013
2014
2015
2016
3.0
4.0
5.0
6.0
7.0
1,000
1,500
2,000
2,500
3,000
3,500
Axiata MK Equity
Axiata MK Equity
FBMKLCI Index
FBMKLCI Index
FBMKLCI Index (R2)
1641.73
FBMKLCI Index (R2)
1641.73
AXIATA MK Equity (R1) RM4.72
AXIATA MK Equity (R1) RM4.72
(RM)
(RM)
SHARE PRICE PERFORMANCE (2009-2016)
SHARE PRICE PERFORMANCE (2016)
At end 2016, Axiata was the eighth largest company on the FTSE Bursa Malaysia KLCI (FBMKLCI) in terms of market capitalisation. From 2009 to
2016, Axiata’s share price had increased 91.5% while the FMBKLCI had increased 87.3%. However, in 2016, Axiata’s share price decreased by 26.4%
and underperformed the FBMKLCI index to close at RM4.72 on 30 December 2016. Market sentiments on Axiata was impacted by the challenging
performance of the Group’s key subsidiaries, spectrum fees and reallocation in Malaysia as well as concerns over the telecommunications industry
outlook in Malaysia, Singapore and India. At the same time, external challenges which impacted the share price include currency volatility and global
political uncertainties.
INVESTMENT PERFORMANCE
Share Price Performance