Oil Prices Hit $110 As Europe Prepares To Ban Russian Crude By Charles Kennedy - May 04, 2022, 1:00 PM CDT In one month, the European Commission proposes to ban all shipping, brokerage, insurance and financing servers related to the import and transport of Russian oil. 95% of the world’s taker liability coverage goes through the London-based International Group of P&I Clubs. WTI futures were up 5% on the day at 02:00 PM ET.
share price wont drop bcos of increase in base rate. in fact the opposite is true. banks can charge and profit more. any drop in bank share price then is usually caused by other factors. wont be surprise if the impeding US rate hikes are causing hot money to be on standby to be invested back in US markets.
KEY STOCK DATA P/E Ratio (TTM) 15.82(05/18/22) EPS (TTM) RM0.29 Market Cap RM87.93 B (RM4.61 per share) Shares Outstanding 19.41 B Public Float 11.73 B Yield 3.30%(05/18/22) Latest Dividend RM0.0769999996(03/22/22)
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