Bank stocks may stay in favour


  • Business
  • Wednesday, 30 Apr 2003

SELECT banking stocks with good asset quality and good dividend yield are expected to remain on investors' buying lists despite the current weak market conditions. 

Although banking stocks may not offer investors the best shield compared with some other sectors such as consumer and media, analysts believe banks' prospects remain strong given their proven record during difficult times. In addition, they have been consistently good dividend paymasters. 

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