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This Mid-Autumn Festival, the new Snow Skin Musang King Durian mooncake will certainly entice durian lovers to the Ming Palace Chinese Restaurant.
Banks including Public Bank and Hong Leong Bank and telcos came under some selling pressure on Tuesday, dragging the FBM KLCI down 14 points at the midday break.
JF Apex Research expects Malaysian Resources Corportation Bhd (MRCB), Eastern & Oriental Bhd and the banks – Public Bank, Hong Leong Bank and AMMB – to see trading interest on Thursday.
Bank Negara Malaysia’s (BNM) move last Friday to tighten consumer lending will be negative for loan growth but the impact will not be significant, CIMB said, as it urged investors to hold on to their holdings in banks.
KUALA LUMPUR: CIMB Equities Research expects Maybank, Public Bank and Hong Leong Bank to benefit from the 25 basis points hike in the overnight policy rate (OPR) which was increased to 3.25%.
KUALA LUMPUR: Malaysia’s blue chips fell at Wednesday’s midday break, weighed down by profit taking on Genting and Public Bank, in line with the cautious key regional markets except China and Hong Kong.