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KUALA LUMPUR: Public Bank and Hong Leong Bank underpinned the FBM KLCI’s early advance as foreign funds continued to be net buyers on Bursa.
KUALA LUMPUR: Public Bank and Hong Leong were among the top gainers early Wednesday as investors’ interest returned to these banking stocks.
But loan loss provisioning seen dropping due to front-loading
KUALA LUMPUR: Public Bank and Hong Leong Bank are top scorers for banks' defensiveness against credit risks under CGS-CIMB Equities Research's new scoring methodology.
KUALA LUMPUR: Bursa Malaysia closed off the intra-day lows on Wednesday as Public Bank, Hong Leong Bank and Tenaga Nasional advanced for the second day.
KUALA LUMPUR: CGS-CIMB Equities Research is retaining its overweight on the banks as a pause in overnight policy rate (OPR) cuts supports its positive view of banks’ margins and earnings in 2021F.
GEORGE TOWN: In a bid to reduce physical contact between buyers and traders at public markets, the Penang government has launched a cashless initiative.
KUALA LUMPUR: Selling of Public Bank and Hong Leong Bank weighed on the FBM KLCI early Monday, as Bursa Malaysia followed key Asian markets lower on the spread of the Covid-19 coronavirus but glove makers rebounded.
KUALA LUMPUR: Bursa Malaysia edged higher in early Tuesday trade, as investor sentiment perked up a bit after the battering the previous day, with Public Bank and Hong Leong Bank underpinning the FBM KLCI’s advance.