Bursa Alert
Global Market
NewsMaybank IB Research maintains Neutral on banking sector, says lacks near term catalysts
Page 1 of 1
Maybank IB Research maintains Neutral on banking sector, says lacks near term catalysts
by Cals Fri 06 Sep 2013, 10:47
Maybank IB Research maintains Neutral on banking sector, says lacks near term catalysts
Business & Markets 2013
Written by theedgemalaysia.com
Friday, 06 September 2013 08:48
KUALA LUMPUR (Sept 6): Maybank IB Research has maintained its Neutral rating on the Malaysian banks and said the sector valuations continue to trail the broader market and in this period of uncertainty, Malaysian banks were proving yet to be a safe haven, with the KL Financial Index outperforming its regional peers.
In a note Friday, the research house said there was, however, a lack of catalysts in the near term to provide the impetus for an upward re-rating of the sector.
“Our Buys in the sector, in order of preference, are AMMB, HL Financial Group and HL Bank,” it said.
Business & Markets 2013
Written by theedgemalaysia.com
Friday, 06 September 2013 08:48
KUALA LUMPUR (Sept 6): Maybank IB Research has maintained its Neutral rating on the Malaysian banks and said the sector valuations continue to trail the broader market and in this period of uncertainty, Malaysian banks were proving yet to be a safe haven, with the KL Financial Index outperforming its regional peers.
In a note Friday, the research house said there was, however, a lack of catalysts in the near term to provide the impetus for an upward re-rating of the sector.
“Our Buys in the sector, in order of preference, are AMMB, HL Financial Group and HL Bank,” it said.
Cals- Administrator
- Posts : 25277 Credits : 57721 Reputation : 1766
Join date : 2011-09-08
Location : global
Comments : “My plan of trading was sound enough and won oftener that it lost. If I had stuck to it Iâ€
d have been right perhaps as often as seven out of ten times.â€
Stock Exposure : Technical Analysis / Fundamental Analysis / Mental Analysis
Similar topics» Maybank IB Research maintains Neutral on Utilities sector
» Maybank 'neutral' on banking sector
» IGB REIT lacks near-term catalysts, says HwangDBS
» Alliance Research downgrades Banking sector to Neutral
» Technology sector lacks catalysts for rerating
» Maybank 'neutral' on banking sector
» IGB REIT lacks near-term catalysts, says HwangDBS
» Alliance Research downgrades Banking sector to Neutral
» Technology sector lacks catalysts for rerating
Page 1 of 1
Permissions in this forum:
You cannot reply to topics in this forum