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Public Bank, Hong Leong Bank underpin Bursa’s advance
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.
Quick take: Public Bank, Hong Leong Bank among top gainers
KUALA LUMPUR: Public Bank and Hong Leong were among the top gainers early Wednesday as investors’ interest returned to these banking stocks.
Banks can withstand rise of impaired loans
But loan loss provisioning seen dropping due to front-loading
Public Bank, HL Bank top scorers against credit risks
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.
KLCI closes off lows, Public Bank, Hong Leong Bank advance
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.
CGS-CIMB Research retains overweight on banks as OPR cut paused
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.
Public Bank, Hong Leong Bank weigh but gloves rebound
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.
Public Bank, Hong Leong Bank underpin KLCI’s mild rebound
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.
Banks well capitalised to withstand stresses
PETALING JAYA: Banks in Malaysia are well capitalised to withstand stresses on asset quality, according to RAM Ratings.
KLCI rallies to close near key 1,300 level
KUALA LUMPUR: Bursa Malaysia and Asian markets staged a rally on Tuesday as investors took heart from the support measures unveiled by the US Federal Reserve to combat the Covid-19 fallout.