Trading ideas: Bumi Armada, AMMB, Sedania, Serba Dinamik, Xidelang

KUALA LUMPUR: Stocks to watch on Thursday include Bumi Armada Bhd, AMMB Holdings Bhd, Sedania Innovator Bhd, Serba Dinamik Holdings and Xidelang Holdings Ltd, according to JF Apex Research.

AMMB, Insurance Australia reopen AmGeneral sale

A testing time for banks

Immediate implications of Covid-19 will include slower loan applications and potential delinquencies

AmBank: 24-hour approval for customers hit by Covid-19 fallout

KUALA LUMPUR: AmBank Group has prioritised providing relief to customers who are impacted by the circumstances surrounding the Covid-19 pandemic.

AmBank net profit for third quarter increases to RM382mil

PETALING JAYA: AMMB Holdings Bhd (AmBank Group) registered a 9.2% year-on-year increase in net profit to RM382.15mil for the third quarter of the financial year ending March 31,2020 (FY20).

Bursa extends losses but at slower pace as political uncertainties weigh

KUALA LUMPUR: Bursa Malaysia extended its losses early Tuesday as political uncertainties and implementation of policies to battle the Covid-19 coronavirus were still cloudy but the selldown could provide some buying opportunities for the brave hearted investors.

Banks may see further compression in NIM

PETALING JAYA: Banks in Malaysia may see further compression in net interest margin (NIM) by three to four basis points (bps) should the central bank cut interest rates again in the coming months to support the country’s slowing economy.

Stocks: When in doubt go defensive

Amid the uncertainty and volatility plaguing the equity market, especially now with the novel coronavirus outbreak driving fears, investors may find comfort in dividend-paying stocks

Slightly faster loan growth seen for 2020

PETALING JAYA: Bank loans are likely to grow slightly faster this year even as financial institutions brace headwinds both domestically and externally.

Interest rate cut: Winners and losers

PETALING JAYA: While Bank Negara’s decision to cut the Overnight Policy Rate (OPR) by 25bps to 2.75% was widely unexpected by analysts, the general reaction to the move was that the impact – on most sectors – would be minimal.PETALING JAYA: While Bank Negara’s decision to cut the Overnight Policy Rate (OPR) by 25bps to 2.75% was widely unexpected by analysts, the general reaction to the move was that the impact – on most sectors – would be minimal.