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KLSE: CIMB       CIMB GROUP HOLDINGS BERHAD
Last Price Avg Target Price   Upside/Downside Price Call
6.74 6.14     -0.60 (8.90%)
* Average Target Price, Price Call and Upside/Downside are derived from Price Targets in the past 6 months.
** Price Targets are adjusted for Bonus Issue, Shares Split & Shares Consolidation (where applicable).
Date Open Price Target Price Upside/Downside Price Call Source News
03/08/2017 6.56 6.20 -0.36 (5.49%) HOLD UOBKayHian Price Target News
03/08/2017 6.56 7.10 +0.54 (8.23%) HOLD MIDF Price Target News
03/08/2017 6.56 6.90 +0.34 (5.18%) BUY MACQUARIE GROUP Price Target News
03/08/2017 6.56 6.90 +0.34 (5.18%) HOLD KENANGA Price Target News
01/08/2017 6.63 6.40 -0.23 (3.47%) HOLD PUBLIC BANK Price Target News
01/08/2017 6.63 7.10 +0.47 (7.09%) HOLD MIDF Price Target News
01/08/2017 6.63 6.90 +0.27 (4.07%) BUY MACQUARIE GROUP Price Target News
01/08/2017 6.63 6.90 +0.27 (4.07%) HOLD KENANGA Price Target News
01/08/2017 6.63 6.30 -0.33 (4.98%) HOLD HLG Price Target News
20/07/2017 6.39 6.40 +0.01 (0.16%) HOLD PUBLIC BANK Price Target News
20/07/2017 6.39 7.10 +0.71 (11.11%) HOLD MIDF Price Target News
20/07/2017 6.39 6.90 +0.51 (7.98%) BUY KENANGA Price Target News
07/06/2017 6.73 7.10 +0.37 (5.50%) HOLD MIDF Price Target News
07/06/2017 6.73 6.90 +0.17 (2.53%) HOLD KENANGA Price Target News
07/06/2017 6.73 6.30 -0.43 (6.39%) HOLD HLG Price Target News
07/06/2017 6.73 7.50 +0.77 (11.44%) BUY Affin Hwang Capital Price Target News
06/06/2017 6.77 7.00 +0.23 (3.40%) HOLD MAYBANK Price Target News
29/05/2017 6.35 6.90 +0.55 (8.66%) BUY MACQUARIE GROUP Price Target News
25/05/2017 6.24 6.20 -0.04 (0.64%) HOLD UOBKayHian Price Target News
25/05/2017 6.24 6.40 +0.16 (2.56%) HOLD PUBLIC BANK Price Target News
25/05/2017 6.24 5.93 -0.31 (4.97%) HOLD HLG Price Target News
25/05/2017 6.24 6.70 +0.46 (7.37%) BUY AMMB Price Target News
25/05/2017 6.24 7.00 +0.76 (12.18%) BUY Affin Hwang Capital Price Target News
24/05/2017 6.00 7.00 +1.00 (16.67%) BUY MAYBANK Price Target News
28/04/2017 5.78 6.10 +0.32 (5.54%) BUY TA Price Target News
28/04/2017 5.78 5.40 -0.38 (6.57%) HOLD PUBLIC BANK Price Target News
28/04/2017 5.78 6.40 +0.62 (10.73%) BUY MIDF Price Target News
28/04/2017 5.78 6.30 +0.52 (9.00%) BUY MAYBANK Price Target News
28/04/2017 5.78 5.55 -0.23 (3.98%) SELL KENANGA Price Target News
28/04/2017 5.78 5.60 -0.18 (3.11%) HOLD HLG Price Target News
21/04/2017 5.55 5.40 -0.15 (2.70%) HOLD PUBLIC BANK Price Target News
21/04/2017 5.55 6.40 +0.85 (15.32%) BUY MIDF Price Target News
21/04/2017 5.55 5.55 0.00 (0.00%) HOLD KENANGA Price Target News
20/04/2017 5.46 5.60 +0.14 (2.56%) HOLD UOBKayHian Price Target News
20/04/2017 5.46 6.30 +0.84 (15.38%) BUY MAYBANK Price Target News
20/04/2017 5.46 5.55 +0.09 (1.65%) HOLD KENANGA Price Target News
20/04/2017 5.46 5.60 +0.14 (2.56%) HOLD HLG Price Target News
13/04/2017 5.46 5.60 +0.14 (2.56%) HOLD UOBKayHian Price Target News
20/03/2017 5.67 5.60 -0.07 (1.23%) HOLD HLG Price Target News
01/03/2017 5.03 5.00 -0.03 (0.60%) HOLD UOBKayHian Price Target News
01/03/2017 5.03 5.60 +0.57 (11.33%) BUY TA Price Target News
01/03/2017 5.03 5.40 +0.37 (7.36%) TRADING BUY PUBLIC BANK Price Target News
01/03/2017 5.03 5.90 +0.87 (17.30%) BUY MIDF Price Target News
01/03/2017 5.03 5.35 +0.32 (6.36%) HOLD MAYBANK Price Target News
01/03/2017 5.03 5.29 +0.26 (5.17%) HOLD KENANGA Price Target News
01/03/2017 5.03 5.00 -0.03 (0.60%) HOLD ALLIANCE Price Target News
22/02/2017 5.09 5.50 +0.41 (8.06%) BUY MACQUARIE GROUP Price Target News


Price Target Research Article/News (past 6 months)
03/08/2017  UOBKayHian CIMB Group: Strong Growth Largely Priced In
03/08/2017  MIDF CIMB - Expectation Of No Major Surprises
03/08/2017  MACQUARIE GROUP MQ Research - Malaysian Banking Sector Report
03/08/2017  KENANGA CIMB - On Track
01/08/2017  PUBLIC BANK CIMB - CIMB Niaga: Steady Recovery
01/08/2017  MIDF CIMB - Continued Robust Growth In Indonesia
01/08/2017  MACQUARIE GROUP MQ Research: Indonesian Subsidiary CIMB-Niaga 1H17 Results
01/08/2017  KENANGA CIMB Group Holdings Bhd - CIMB Niaga: Within Expectations
01/08/2017  HLG CIMB Group - CIMB Niaga 2Q17: Recovery Continues
20/07/2017  PUBLIC BANK CIMB Thai: Mixed Bag
20/07/2017  MIDF CIMB - Stronger Traction In Thailand
20/07/2017  KENANGA CIMB - CIMB Thai: On Track for Profitability
07/06/2017  MIDF CIMB Group - Formalising The Deal
07/06/2017  KENANGA CIMB Group Holdings Bhd - Pen to Paper for China Galaxy JV
07/06/2017  HLG CIMB Group - Partnership With CGI Concluded
07/06/2017  Affin Hwang Capital Company Update – CIMB Group (BUY, maintain) - Entering into a new galaxy
06/06/2017  MAYBANK CIMB - 50% JV with China Galaxy
29/05/2017  MACQUARIE GROUP MQ Research Raises CIMB's Target to RM6.90
25/05/2017  UOBKayHian CIMB Group: 1Q17: Lower Provisions And Commendable Non-Interest Income Growth
25/05/2017  PUBLIC BANK CIMB Group Holdings Berhad - A Strong Quarter
25/05/2017  HLG CIMB Group - 1Q17: Steady Pick Up
25/05/2017  AMMB CIMB Group - Strong start to FY17 with higher operating income and lower provisions
25/05/2017  Affin Hwang Capital CIMB Group (BUY, maintain) - 1Q17: An interesting start
24/05/2017  MAYBANK CIMB - Earnings Expand on Lower Credit Costs in 1Q17
28/04/2017  TA CIMB Group Holdings - CIMB Niaga Posts Better 1QFY17 Results
28/04/2017  PUBLIC BANK CIMB - CIMB Niaga: Steady Improvements
28/04/2017  MIDF CIMB Group - Strong Start To The Year In Indonesia
28/04/2017  MAYBANK CIMB - 1Q17 Results Above Expectations
28/04/2017  KENANGA CIMB Group Holdings Bhd - CIMB Niaga: Soft Despite a Better Environment
28/04/2017  HLG CIMB Group - CIMB Niaga: A Jump Start
21/04/2017  PUBLIC BANK CIMB Group Holdings Berhad - CIMB Thai: Major Issues Addressed in 2016
21/04/2017  MIDF CIMB Group - CIMB Thai 1QFY17 NII Growth Moderated Lower NOII
21/04/2017  KENANGA CIMB Group Holdings Bhd - CIMB Thai: Not a Good Start But Asset Quality Improving
20/04/2017  UOBKayHian CIMB Group: Gradual Recovery Backloaded To 2H17
20/04/2017  MAYBANK CIMB - A More Sanguine Outlook
20/04/2017  KENANGA CIMB Group Holdings - Nothing Exciting but On Track
20/04/2017  HLG CIMB Group (HOLD) - Guidance intact
13/04/2017  UOBKayHian CIMB Group: Improving Earnings Outlook Largely Priced In
20/03/2017  HLG CIMB Group - Acquiring Jupiter Securities?
01/03/2017  UOBKayHian CIMB Group: 4Q16: Credit Cost Remains Elevated
01/03/2017  TA CIMB Group Holdings - CIMB Reports Stronger FY16 Results
01/03/2017  PUBLIC BANK CIMB Group Holdings Berhad - Encouraging Signs
01/03/2017  MIDF CIMB Group - Impressive Performance
01/03/2017  MAYBANK CIMB - FY16 Earnings Within Expectations
01/03/2017  KENANGA CIMB Group Holdings - In Line but Challenges Remain
01/03/2017  ALLIANCE CIMB - Half-way to the finish line
22/02/2017  MACQUARIE GROUP MQ Research: Outperform on CIMB with target – RM5.50



  10 people like this.
 
GoodCompanies Share moved up too fast, of course DY will look bad.
01/08/2017 14:50
shortinvestor77 Cimb promised to consider paying more dividend after we approved increased directors fees during last AGM.
01/08/2017 21:16
shortinvestor77 https://www.nst.com.my/news/nation/2017/08/262952/more-230000-commuters-migrate-new-myrapid-touch-n-go-cards#cxrecs_s
01/08/2017 21:19
TheLegend27 Major share holder:
1. Khazanah 29.7%
2. EPF 12.2%
3. CIMB Group 10.0%
02/08/2017 09:12
shortinvestor77 We left CIMB’s management briefing fully satisfied that there will be no surprises for the Group in 2017 with FY17 targets looking achievable. To recap, management had earlier this year set its FY17 targets; (i) ROE at 9.5%, (ii) loans growth at 7%, (iii) NIMs to compress by 5bps, and (iv) credit costs of between 60bps to 65bps, and (v) dividend pay-out ratio of 40% to 60%. While FY17 targets appear to be on track, we believe 2Q17 results will likely be soft.
03/08/2017 10:04
shortinvestor77 http://www.klsescreener.com/v2/news/view/263329
03/08/2017 10:47
shortinvestor77 KUALA LUMPUR: Maybank Investment Bank Research has upgraded CIMB Group Holdings Bhd to a “buy” with a higher target price of RM7.50 from RM7 previously.


“Maybank said it has raised CIMB’s earnings after taking into consideration its recent upgrade of CIMB Niaga’s earnings forecasts and improved credit costs for CIMB Group into FY18.


“We have marginally raised CIMB Group’s FY17/FY18 earnings by 1%/3%, with revised ROEs of 9.6% and 10.6% respectively (9.5% and 10.2% previously),” it said.


“Our target price is raised to RM7.50 on a higher 2018 PBV peg of 1.3 times and we upgrade the stock to ‘buy’ - what differentiates CIMB is the expected expansion in its ROEs into FY18, versus a step-down in average ROEs to 12.2% in 2018 from 12.6% in 2017, for its peers,” Maybank said.


The research house said following the upward revision in earnings, its ROE forecasts are in line with management’s guidance of 9.5% for FY17 and at the lower end of management’s 10.5-11% target for FY18.


“Our key assumptions into FY18 include stable net interest margins, a cost/income ratio of 50.4% and credit costs of 58 basis points versus 65 basis points in FY17, which would be about in line with management’s estimates,” Maybank added.


It said the domestic corporate loan pipeline remained healthy and positively, there had been increased financing demand from non-government related corporates for capex, which does point to improved business sentiment.


“All in, though, loan growth for the year is likely to fall short of management’s 7% target, but the compensating factors here are that NIM should hold up better than expected, NOII should improve in 2H17, costs are under control and asset quality is stable,” Maybank said.


Meanwhile, Maybank said the MFRS9 impact were to be manageable. It said Day 1 impact to CIMB’s CET1 ratio was estimated to be about 50 basis points, which was manageable.


“Taking this into consideration, management continues to aim for a CET1 ratio of 12% in 2018 versus 11.3% end- 2016, which could be partly supported by asset sales,” it added.



KUALA LUMPUR: Maybank Investment Bank Research has upgraded CIMB Group Holdings Bhd to a “buy” with a higher target price of RM7.50 from RM7 previously.


“Maybank said it has raised CIMB’s earnings after taking into consideration its recent upgrade of CIMB Niaga’s earnings forecasts and improved credit costs for CIMB Group into FY18.


“We have marginally raised CIMB Group’s FY17/FY18 earnings by 1%/3%, with revised ROEs of 9.6% and 10.6% respectively (9.5% and 10.2% previously),” it said.


“Our target price is raised to RM7.50 on a higher 2018 PBV peg of 1.3 times and we upgrade the stock to ‘buy’ - what differentiates CIMB is the expected expansion in its ROEs into FY18, versus a step-down in average ROEs to 12.2% in 2018 from 12.6% in 2017, for its peers,” Maybank said.


The research house said following the upward revision in earnings, its ROE forecasts are in line with management’s guidance of 9.5% for FY17 and at the lower end of management’s 10.5-11% target for FY18.


“Our key assumptions into FY18 include stable net interest margins, a cost/income ratio of 50.4% and credit costs of 58 basis points versus 65 basis points in FY17, which would be about in line with management’s estimates,” Maybank added.


It said the domestic corporate loan pipeline remained healthy and positively, there had been increased financing demand from non-government related corporates for capex, which does point to improved business sentiment.


“All in, though, loan growth for the year is likely to fall short of management’s 7% target, but the compensating factors here are that NIM should hold up better than expected, NOII should improve in 2H17, costs are under control and asset quality is stable,” Maybank said.


Meanwhile, Maybank said the MFRS9 impact were to be manageable. It said Day 1 impact to CIMB’s CET1 ratio was estimated to be about 50 basis points, which was manageable.


“Taking this into consideration, management continues to aim for a CET1 ratio of 12% in 2018 versus 11.3% end- 2016, which could be partly supported by asset sales,” it added.
03/08/2017 10:49
darkstar Well done cimb
03/08/2017 23:20
TheLegend27 Dow Jones and Nasdaq up up up
06/08/2017 15:24
shortinvestor77 No problem.
06/08/2017 18:56
masterus 16 HOURS AGO by: Amy Kazmin in New Delhi
On a windswept Himalayan plateau usually frequented by seasonal yak herders, hundreds of troops from China’s People’s Liberation Army and the Indian Army are locked in a stand-off over a small but strategic piece of land.

Bullets are not flying, but rhetoric is, with Beijing warning New Delhi to “correct its mistake” by withdrawing its troops from the contested terrain, that China calls its own. 

India — which says it is has merely come to the defence of its tiny neighbour Bhutan that also claims the land — has ruled out a unilateral withdrawal, while insisting it wants a peaceful resolution of the problem.
07/08/2017 23:29
masterus SHARE

Flyer launched for the protest.
DHARAMSHALA: Tibetans living in exile in India are going to hold a protest rally under the banner 'Tibet's independence, India's security' in Delhi over worsening relations between India and China due to the Doklam issue. Tibetan Youth Congress (TYC), one of the largest groups formed of young Tibetans in 1970, has given a call to this rally. It will take place on August 11, 2017. Tibetans will gather at Ramlila Maidan and will hold procession till Jantar Mantar in the national capital.
The organization has 35,000 members worldwide. "We are the largest NGO in exile and are going to hold this rally to highlight that Tibet's independence is the safest guarantee for India's security and peace along the Himalayas. We believe that Tibetans must be a part of discussions concerning the borders" said Tenzin Jigme, President of TYC.

Headquarters of the TYC are situated in Mcleodganj near here. It has 88 chapters in various countries, out of which 65 are in India who would be participating in this protest along with some Indian groups also, said officials of the organization. "Confirmations about the Indian leaders and groups will come in a day or two" they said.
07/08/2017 23:32
ZeaXG @masterus, and how is that related to CIMB?
08/08/2017 12:28
masterus Bank Indonesia has prepared a draft bill on the redenomination of the Indonesian Rupiah (Draft Bill). The Draft Bill is aiming to improve the economic efficiency and to create smoother commercial transactions. The Draft Bill suggests to remove the final 3 digits of the current Rupiah. By removing the final three digits, the use of the Rupiah would be simplified, however the value of the Rupiah would remain the same.



Circulation Procedures of the New Indonesian Rupiah

The circulation of the new Rupiah will consist of two phases:

The First Phase (January 1, 2020 – December 31, 2024):
Bank Indonesia will issue and circulate the physical currency with the sign “new” incorporated onto the body of the money (First New Money).
The Old Rupiah can still be used as payment method, until its revocation on December 31, 2024
The Old Rupiah can still be exchanged at Bank Indonesia until December 31, 2034
The Second Phase (January 1, 2025 – December 31, 2028)
Bank Indonesia will issue and circulate the physical currency, without the sign “new” incorporated onto be body of the currency
The First New Money will be valid until its revocation on December 31, 2028
The First New Money can be exchanged at Bank Indonesia until December 31, 2038
08/08/2017 12:35
darkstar please summarize, don't copy nonsense here
08/08/2017 19:27
masterus Washington (CNN)North Korea's military is "examining the operational plan" to strike areas around the US territory of Guam with medium-to-long-range strategic ballistic missiles, state-run news agency KCNA said early Wednesday local time.

Specifically, the statement mentioned a potential strike on Andersen Air Force Base designed "to send a serious warning signal to the US."
09/08/2017 17:19
goldentriangle Dow jones & Nasdaq both in red !
Dow Jones closed at 22,048.70 (-36.64) (-0.17%)
Nasdaq closed at 6,352.33 (-18.13) (-0.28%)
10/08/2017 05:36
goldentriangle All asian stock markets big plunged !
Hang Seng=> 27,276.47 (-480.62)(-1.73%)
Shanghai=> 3,240.69 (-34.88)(-1.06)
Taiwan=> 10,324.48 (-145.90)(-1.38%)
Korea => 2,342.00 (-26.39)(-1.11%)
10/08/2017 11:54
darkstar goldentriangle u go flykite la
10/08/2017 12:56
ZeaXG 1-2% percent drop is plunged?? kek. Temperature drop from 30 Celc to 29 Celc is also plunge, 3% drop wei. What a joke.
10/08/2017 15:28
shortinvestor77 OMG. CIMB Up!
10/08/2017 22:23
Larrytrader keke keep up
10/08/2017 22:30
goldentriangle Nasdaq Collapsed (Tech stocks bubble burst?)
Nasdaq closed at 6,216.87 (-135.46) (-2.13%)
Dow Jones also Tumbling Down (Economy Crisis Come?)
Dow Jones closed at 21,844.01 (-204.69) (-0.93%)
11/08/2017 05:14
shortinvestor77 http://www.klsescreener.com/v2/news/view/266983
11/08/2017 09:16
goldentriangle OMG, Hong Kong Hang Seng further Collapsed,
As at 1.55pm Hang Seng at 26,921.72 (-522.28)
(-1.90%)
11/08/2017 13:55
shortinvestor77 on the banking stocks, MIDF said the favourites were CIMB Group Holdings Bhd, Malayan Banking Bhd and Public Bank Bhd that saw inflows amounting to RM1.7bil, RM1.43bil and RM76mil respectively from the fourth quarter of last year to the second quarter of 2017.

PETALING JAYA: The major beneficiaries of foreign fund inflows this year consist mainly of banking, oil and gas (O&G), and gaming related stocks, statistics cited by MIDF Research showed.

For the banking stocks, MIDF said the favourites were CIMB Group Holdings Bhd, Malayan Banking Bhd and Public Bank Bhd that saw inflows amounting to RM1.7bil, RM1.43bil and RM76mil respectively from the fourth quarter of last year to the second quarter of 2017.

In the O&G sector, MIDF said that players which benefited from inflows were not only the downstream players but also integrated oil and gas services providers along with shipping providers.

“Downstream players such as Petronas Chemicals Group Bhd may have attracted foreign funds partly due to high plant utilisation rate of 99%, strong average selling prices of its products which grew by 22% year-on-year and higher production and sales volume of 16% yoy,” it said.

Genting Bhd recorded the highest inflow during the period between the fourth quarter of 2016 and the second quarter of this year.
11/08/2017 15:55
TheLegend27 last minute b4 klse close cimb from red become green.
11/08/2017 19:39
Larrytrader good performance
11/08/2017 20:01
cheshirecat firm closing
12/08/2017 00:15
shortinvestor77 Dow Jones 21,858.32 +14.31 0.07%
Nasdaq 6,256.56 +39.68 0.64%
12/08/2017 12:45
masterus Inflation data pulls USD lower
AUGUST 14, 20177:36AM
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CommSec Market Close 11 Aug 17

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THE Australian dollar is higher against its US counterpart which has eased after disappointing US inflation data. At 0635 AEST on Monday, the Australian dollar was worth 78.89 US cents, up from 78.58 US cents on Friday.
Westpac’s Imre Speizer said disappointing US inflation report helped push the greenback down.
The US consumer price index (CPI) disappointed for the fifth consecutive month, with its core measure at 0.1 per cent, versus an expected 0.2 per cent, leaving the annual rate at 1.7 per cent, against the expected 1.8 per cent. “The US dollar index closed down 0.4 per cent ... (while the) AUD rose from 0,7844,” he said in a morning note.
14/08/2017 11:03
Bulat aiyo tak boleh naik punya
14/08/2017 16:33
Beza Dow Jones 21,993.711 +135.39 0.62%
Nasdaq 6,340.23 +83.68 1.34%
15/08/2017 09:02
ZeaXG Beza Dow Jones 21,993.711 +135.39 0.62%
Nasdaq 6,340.23 +83.68 1.34%
15/08/2017 09:02

Plunged again!! Oh wait..
15/08/2017 09:35
shortinvestor77 OMG, UP!
15/08/2017 09:59
shortinvestor77 Where is goldentriangle? Died already?
15/08/2017 10:00
ZeaXG Dieded already
15/08/2017 10:37
masterus KUALA LUMPUR, Aug 15 — The ringgit is expected to return to its ‘fair value’ in the second half of this year, much earlier than initially expected in the first half of 2018, according to Standard Chartered’s (StanChart) latest Global Research report released today.
The report showed that the ringgit remained highly attractive from a valuation standpoint.
“This is particularly relevant in an environment where investors, in their search for yield, are settling for assets with stretched foreign exchange (FX) valuations elsewhere in emerging markets,” it said.
StanChart justified that it had a short- and medium-term “overweight” FX weightings on the Malaysian currency.
It recently estimated the ringgit to trade at 4.20 against the US dollar in the third quarter this year and 4.10 at end-2018.
15/08/2017 17:22
masterus London biscuit nta 2.18. Market price undervalued at 0.765. Worth to buy.
16/08/2017 15:00
masterus August 16, 2017 4:13 am JST
Volatility spikes as Hong Kong dollar continues to slide
Jittery traders keep eyes peeled for hint of market intervention
KEIICHIRO MORIYASU, NQN staff writer

© Reuters
HONG KONG -- The Hong Kong dollar's fall to the lowest level since the global financial crisis last week has raised anxiety among currency traders who now see a higher likelihood of market intervention. A nervous market has in turn made the currency more vulnerable to wild swings.

Under a currency board system, the Hong Kong dollar is pegged to the greenback at a range of HK$7.75-7.85. The exchange rate hovered at close to the HK$7.75 ceiling at the start of 2017, but it has declined gradually to fall to near HK$7.8275 on Aug. 9. That price is within arm's reach of the HK$7.8294 low recorded on Jan. 20, 2016.

While within the accepted range of the pegged system, the Hong Kong dollar's weakness is surprising, given that Hong Kong equities have excelled this year even among high-performing Asian peers, and housing prices are on the rise as well. Normally one might well expect investor cash to pour in, buoying the currency.
16/08/2017 15:29
masterus Select Language​▼
CORPORATE
FROM THE EDGE
Credit Suisse sees ringgit improve to 4.10 over next few months
Sulhi Azman
/
The Edge Financial Daily

August 17, 2017 09:51 am MYT

This article first appeared in The Edge Financial Daily, on August 17, 2017.
-A+A
KUALA LUMPUR: Credit Suisse expects the ringgit to trade at 4.10 against the US dollar “over the next few months”, with the country’s upcoming stronger-than-expected economic growth to provide support for the local currency.

“Combined with [the] recently high oil prices and improving August trade seasonality, this helps to keep us constructive on the ringgit, targeting 4.10 versus the US dollar over the next few months,” Credit Suisse’s two fixed income analysts Ray Farris and Trang Thuy Le said in its regional Asia foreign exchange (forex) strategy report yesterday.

Credit Suisse’s forecast of the ringgit was in line with the most recent estimate by Standard Chartered plc (StanChart).

Yesterday, StanChart forex strategist Divya Devesh forecast the ringgit to rebound to a fair value of 4.10 against the US dollar by the year end, adding that he remains “overweight” on the local currency.

The ringgit has rebounded by 4.4% from 4.4938 recorded on Jan 4, 2017.

As for the country’s economic growth — measured by gross domestic product (GDP) — Credit Suisse forecasts the Malaysian economy to grow by 6% in the second quarter of this year (2Q17). This is well above the consensus estimate of 5.4%, and 5.6% that the country managed to chalk in 1Q17.
17/08/2017 10:03
heaven123 Engine rosak...
17/08/2017 20:18
Bulat tak naik lagi
18/08/2017 13:23
Beza The finance & insurance and business services stepped expanded 5.1% and 8.5% respectively.
http://klse.i3investor.com/blogs/kianweiaritcles/130290.jsp
18/08/2017 14:03
18/08/2017 23:12
masterus London biscuit just started its engine from yesterday 0.795 to highest 0.815 today. Stay tune.
21/08/2017 15:35
heaven123 Hmm...london biscuit.
21/08/2017 23:53
masterus BNM’s international reserves now at US$100.4 billion
Tuesday August 22, 2017
03:34 PM GMT+8

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Ambank and RHB merger unlikely to happen, say sourcesAmbank and RHB merger unlikely to happen, say sources

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A woman walks pass the headquarters of Bank Negara Malaysia in Kuala Lumpur, March 30, 2015. — Picture by Yusof Mat Isa
A woman walks pass the headquarters of Bank Negara Malaysia in Kuala Lumpur, March 30, 2015. — Picture by Yusof Mat Isa
KUALA LUMPUR, Aug 22 — Bank Negara Malaysia’s (BNM) international reserves amounted to US$100.4 billion (RM431.0 billion) as at August 15, 2017, compared with US$99.4 billion registered as at July 31, 2017.
22/08/2017 20:22
Bulat tak naik lagi
23/08/2017 12:45
Bulat us market yesterday up 100+ point
23/08/2017 12:45


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