NST Online Business Times : latest
NST Online Business Times : latest |
| Hong Leong Bank rated a 'buy' at HSBC Posted: 18 Jul 2011 06:19 PM PDT Hong Leong Bank Bhd, a Malaysian lender, rose the most in two weeks in Kuala Lumpur trading after HSBC Holdings Plc rated the stock a new "buy" with a RM15.80 share estimate. Its shares climbed 1.2 per cent to RM13.60 at 9:12 a.m. local time, set for their largest increase since July 5. -- Bloomberg  Full Feed Generated by Get Full RSS, sponsored by USA Best Price. |
| CIMB, Maybank fall on Indonesia plan Posted: 18 Jul 2011 06:42 PM PDT CIMB Group Holdings Bhd and Malayan Banking Bhd fell after HwangDBS Vickers Research Sdn Bhd said the Indonesian central bank's plan to limit investor ownership in commercial banks may hurt earnings. Shares of CIMB, which owns an Indonesian bank, slid 1.4 per cent to RM8.44 at 9:30 a.m. in Kuala Lumpur trading, set for the lowest close since June 15. Malayan Banking, or Maybank, lost 1 per cent to RM8.73. The plan, if passed, is "negative," more so for CIMB than Maybank, HwangDBS said in a report today. -- Bloomberg
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