PETALING JAYA: Banking stocks have been moving ahead of their results announcements, with some banks inching closer to their 52-week high levels.
The uptrend in such stocks has also helped to push the FBM KLCI higher over the past two weeks, adding over 65 points or 4.34% in the period. Analysts said that investors are looking at banking stocks once again, largely due to improved market sentiment as political squabbles recede and more economic sectors are reopened.
Already a subscriber? Log in.
Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
