Research Houses Maintain 'Buy' Call for AMMB
Hong Leong Investment Bank Bhd (HLIB) has reiterated its ‘buy’ call on AMMB Holdings Bhd’s (KL:AMBANK) shares after the banking group revealed its business plan for the next five years.
Malaysia Closing Bell on 19 June | SIME Was the Top Gainer of FBM KLCI
SIME was the top gainer, rising 1.56 percent to close at RM 2.600. The top loser was PETDAG, losing 2.25 percent to end at RM 17.380.
Malaysia Closing Bell on 18 Jun| TM Was the Top Gainer of FBM KLCI
TM was the top gainer, rising 4.45 percent to close at RM 6.810. The top loser was AXIATA, losing 1.43 percent to end at RM 2.750.
Malaysia Closing Bell on 13 Jun| PMETAL Was the Top Gainer of FBM KLCI
PMETAL was the top gainer, rising 2.92 percent to close at RM 6.000. The top loser was TM, losing 2.99 percent to end at RM 6.500.
AMMB Holdings Berhad (KLSE:AMBANK) Is Paying Out A Larger Dividend Than Last Year
AmBank Launches AmBank BizRACE Season 4, 30 Finalists to Compete
KUALA LUMPUR (June 12): AmBank Group has launched its AmBank BizRACE Season 4, with the selection of 30 outstanding businesses, to compete as future-ready businesses. In a statement on Wednesday, the banking group said the chosen companies, operating for three- to 60 years across variou...
Malaysia Closing Bell on 06 Jun| MRDIY Was the Top Gainer of FBM KLCI
MRDIY was the top gainer, rising 5.00 percent to close at RM 1.890. The top loser was SDG, losing 2.48 percent to end at RM 4.330.
MY Morning Wrap | UBS Ceases to be Substantial Shareholder of YTL
Stocks to watch: YTL, AMMB.
Malaysia Closing Bell on 05 Jun| TENAGA Was the Top Gainer of FBM KLCI
TENAGA was the top gainer, rising 2.16 percent to close at RM 13.260. The top loser was NESTLE, losing 2.90 percent to end at RM 124.000.
Mixed Views on Banking Sector's Outlook Despite Steady Loan Growth in 1Q, Public Bank the Top Pick
Investment analysts are mixed on the banking sector's outlook despite the bank's loan growth remaining resilient at 6% during the three months ended March 2024. MIDF Research, which initially expected a "tough" situation for the banking sector in 2024, has now upgraded the sector to positive, and expressed optimism on guidance in the latest results.
Malaysia Closing Bell on 31 May| PETDAG Was the Top Gainer of FBM KLCI
$PETDAG(5681.MY)$ was the top gainer, rising 1.96 percent to close at RM 19.800. The top loser was $GENM(4715.MY)$, losing 5.36 percent to end at RM 2.650.
MY Morning Wrap | Malaysia Airports Q1 Net Profit Rises More Than Threefold on Higher Passenger Volumes
Stocks to watch: Airport, Mah Sing and Axiata.
ANZ Sells 5.2% AmBank Stake at 4.10 Ringgit Per Share
ANZ Group Holdings (ASX:ANZ) has agreed to sell its remaining 5.2% of issued capital in Malaysian bank AMMB Holdings (KLSE:AMBANK) (AmBank) via a block trade at 4.10 ringgit per share, according to a
ANZ Sells Remaining 5.2% Shareholding in AmBank
ANZ Sells Remaining 5.2% Shareholding in AmBank
ANZ to Sell Remaining 5.17% Stake in AmBank for up to RM701 Mil
Australia & New Zealand Banking Group Ltd (ANZ) is inviting bids to sell its remaining 5.17% stake in AMMB Holdings Bhd (KL:AMBANK) for up to RM701.16 million.
AMMB's Profit Rises in Fiscal Q4
AMMB Holdings (KLSE:AMBANK) booked a higher profit attributable to equity holders of 476.5 million ringgit in the fiscal fourth quarter ended March 31, compared with 427.4 million ringgit a year ago.
AMMB Likely to Grow Net Interest Margin in 1Q -- Market Talk
AMMB has scope to grow its net interest margin in fiscal 1Q, as it focuses on optimizing funding costs and increasing its loan-to-deposit ratio, Hong Leong IB analyst Chan Jit Hoong says in a note.
MY Morning Wrap | YTL Power and Ranhill Utilities Shares to be Suspended Pending Announcement
Stocks to watch: YTL Power, MGB, AMMB.
AMMB Sees NIM Expansion Likely in Current April-June Quarter
KUALA LUMPUR (May 27): AMMB Holdings Bhd (KL:AMBANK) says pressure on its net interest margin (NIM) appears to be easing and the group is expecting NIM to expand in the April to June period this year — its first quarter of FY2025.
AMMB to Speed up Loan Growth to 4-5% in FY2025
AMMB Holdings Bhd (KL:AMBANK), Malaysia’s sixth-largest banking group, said on Monday it is seeking to accelerate loan growth to 4-5% after falling short of its own target last year.
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