Posted by masterus > 2020-09-15 14:44 | Report Abuse

China’s currency hits 16-month high on retail spending boost
China’s currency hit its highest level in more than a year as retail sales rose for the first time in 2020, underscoring the country’s economic recovery from the coronavirus pandemic.

The onshore-traded renminbi strengthened as much as 0.4 per cent to Rmb6.7857 per US dollar on Tuesday, its firmest level since May 2019. That coincided with official data that showed retail spending increased 0.5 per cent in August compared to a year ago. The less tightly regulated offshore-traded renminbi strengthened 0.3 per cent, past Rmb6.8 per dollar.

Posted by cheer76 > 2020-09-16 15:23 | Report Abuse

Target price?

Posted by ShareNews > 2020-09-16 16:30 | Report Abuse

TP 17.8

Posted by burking > 2020-09-16 22:25 | Report Abuse

Anyone have any idea why the price up ? any news ?

Posted by masterus > 2020-09-17 06:31 | Report Abuse

Renminbi Gains Strength Against The U.S. Dollar
Sep. 16, 2020 5:50 AMUUP, UDN, CYB
Summary
The Chinese RMB has strengthened against the dollar in the region of 2.5% in the last four weeks.
The RMB moved from 6.951 to 6.770 per dollar - equating to a stronger RMB, or a weaker dollar.
The RMB is forecast to strengthen further, according to JPMorgan (as reported by the Financial Times).

Posted by zhen wei & JP > 2020-09-18 21:27 | Report Abuse

Anyone have any idea why the price down? hahaha

Posted by submariner > 2020-09-19 01:44 | Report Abuse

It will correct itself next week

Posted by Sharefisher > 2020-09-19 07:35 | Report Abuse

Time to buy again.

Posted by Woodswater > 2020-09-19 10:42 | Report Abuse

zhen wei & JP Anyone have any idea why the price down? hahaha

Moratorium expired at 30 Sept 2020

Posted by masterus > 2020-09-19 17:03 | Report Abuse

KUALA LUMPUR (Sept 18): The Bank of Japan, acting as agent of the Minister of Finance of Japan, and Bank Negara Malaysia (BNM) have signed the second Bilateral Swap Arrangement (BSA) that provides up to US$3 billion for both countries.

This BSA enables both authorities to swap their local currencies (i.e. Japanese yen and Malaysian ringgit, respectively) for US dollar, BNM said in a statement today.

“The arrangement will provide up to US$3 billion for both countries,” it said.

Posted by mf > 2020-09-20 15:23 |

Post removed.Why?

Posted by Woodswater > 2020-09-21 13:43 | Report Abuse

ICIJ揭美财政部密件 大银行完成逾8兆问题转账

香港《信报》报道，国际调查记者同盟（ICIJ）与美国新闻媒体BuzzFeed引述美国财政部机密文件，显示多间全球性银行在1999至2017年间，在内部指交易有可疑下仍替客户转账，总金额超过2兆美元（约8.2兆令吉）。

https://www.enanyang.my/node/354095

https://www.malaymail.com/news/malaysia/2020/09/21/fincen-leaks-public-bank-ambank-lead-malaysias-transactions-flagged-suspici/1905127

Posted by zhen wei & JP > 2020-09-21 14:43 | Report Abuse

Decline 3pm.

Posted by smallfishy > 2020-09-21 16:08 | Report Abuse

Support is 15.5? Correct me if im wrong

Posted by zhen wei & JP > 2020-09-21 16:45 | Report Abuse

Buy

Posted by ShareNews > 2020-09-21 17:02 | Report Abuse

anyone catch dao 15.5? haha

Posted by AllYouCanBuy > 2020-09-21 17:39 | Report Abuse

Last minute closing up to 15.68..330,000 units done!

Posted by AllYouCanBuy > 2020-09-21 17:40 | Report Abuse

The funds are coming in.

Posted by AllYouCanBuy > 2020-09-21 18:38 | Report Abuse

Bank shares were shaken by the news. https://www.malaymail.com/news/malaysia/2020/09/21/fincen-leaks-public-bank-ambank-lead-malaysias-transactions-flagged-suspici/1905127

Posted by greedy44444 > 2020-09-21 19:30 | Report Abuse

Not the right time to buy banking stocks...look at HSBC and Standard Chartered Bank, hitting multi years low

Posted by AllYouCanBuy > 2020-09-21 20:01 | Report Abuse

The lower it gets the better to collect. When will you get a better chance than now? medium to long term investment. Short term no.

Posted by Jeffreyteck > 2020-09-21 20:02 | Report Abuse

Approaching Oct. Uum...

Posted by AllYouCanBuy > 2020-09-21 20:03 | Report Abuse

Hedge funds are collecting public bank share, which has the highest ROE among all the Malaysian banks. What say you?

Posted by raymondlct126 > 2020-09-21 21:46 | Report Abuse

https://www.theedgemarkets.com/article/nine-banks-malaysia-led-public-bank-and-ambank-linked-23-suspicious-transactions

Posted by greedy44444 > 2020-09-22 00:59 | Report Abuse

Many big bank in US, UK and Europe drop more than 4%. Waiting for RM12.

Posted by mf > 2020-09-22 05:43 |

Post removed.Why?

Posted by AllYouCanBuy > 2020-09-22 06:22 | Report Abuse

Bank shares fell due to panic and will be short-lived. The main reason DJI dropped was the concern over another lockdown (Europe too) and the possibility of not getting another stimulus package by end September.

Posted by AllYouCanBuy > 2020-09-22 06:46 | Report Abuse

https://www.theguardian.com/business/2020/sep/21/us-stock-markets-fall-dow-drops-510-points-coronavirus-fears

Posted by zhen wei & JP > 2020-09-22 09:28 | Report Abuse

Different direction.

Posted by AllYouCanBuy > 2020-09-22 09:32 | Report Abuse

Hedge funds are collecting, that's why.

Posted by GorengBilis > 2020-09-22 10:33 | Report Abuse

银河联昌证券行的首选银行股包括大众银行（PBBANK，1295，主板金融股）、丰隆银行（HLBANK，5819，主板金融股）、兴业银行（RHBBANK，1066，主板金融股）和大马银行（AMBANK，1015，主板金融股）。

该分析员看好大众银行和丰隆银行的资产素质强稳，目标价分别为18.90令吉和16.50令吉。同时，他因伊斯兰银行保险（Bancatakaful）手续费收入成长加速而看好兴业银行，目标价为5.40令吉；大马银行的估值则相当诱人，明年的预估本益比为6.40倍。

大众银行周一（21日）全天下滑26仙或1.63%，闭市报15.68令吉，是第9大下跌股项，转手量为649万股。丰隆银行闭市报14.84令吉，全天起/8仙或0.54%，成交量为131万股。兴业银行全天微增2仙或0.42%，并以4.74令吉挂收，共有305万股易手。大马银行闭市报3.01令吉，全天无起落，成交量为47万2600股。整体而言，银河联昌证券行将银行领域从“中和”投资评级上修至“增持”

Posted by GorengBilis > 2020-09-22 10:35 | Report Abuse

EPF BUYING everyday and whole month what u waiting for?

Posted by Newbiexxxxxxxxx > 2020-09-22 12:00 | Report Abuse

Definitely strongest in term of share price.. good support from management

Posted by Learner One > 2020-09-22 14:12 | Report Abuse

Volume low. They control price so that market dont drop.

Posted by Learner One > 2020-09-22 14:27 | Report Abuse

Dow ftr starting to drop again. Good luck to all.

Posted by zhen wei & JP > 2020-09-22 16:14 | Report Abuse

Smoking .

Posted by Learner One > 2020-09-22 16:15 | Report Abuse

To push up the index as always.

Posted by zhen wei & JP > 2020-09-22 16:27 | Report Abuse

16.18.

4.45pm we off.

Posted by AllYouCanBuy > 2020-09-22 16:38 | Report Abuse

If all banks the funds picked public.. I wonder when will they dump it.

Posted by AllYouCanBuy > 2020-09-22 16:41 | Report Abuse

Of* all banks

Posted by DonWorryBeHappy > 2020-09-22 20:57 | Report Abuse

Just bought last Friday 16.22, then the news came sigh

Posted by Sharefisher > 2020-09-23 07:24 | Report Abuse

Yes. Hope pbb drop more.. I am waiting....

Posted by AllYouCanBuy > 2020-09-23 07:30 | Report Abuse

The support seemed to be at 15.50 on 21/9..

Posted by zhen wei & JP > 2020-09-23 09:01 | Report Abuse

You want game?

Posted by Tokay111 > 2020-09-23 09:58 | Report Abuse

Fincen news drag lower all the named banks

Posted by DonWorryBeHappy > 2020-09-23 10:22 | Report Abuse

Fluffyclouds@ I plan to hold till next year, luckily I still have some bullets to average down.

Posted by tkl88 > 2020-09-23 13:10 | Report Abuse

Latest news: Anwar Ibrahim confirm he has strong convincing formidable number to take back ruling party...

Posted by tkl88 > 2020-09-23 13:11 | Report Abuse

Possible of annoucement of General Election @2.30pm ...

Posted by submariner > 2020-09-23 22:54 | Report Abuse

time to brace for the storm

Posted by Warisan > 2020-09-24 16:57 | Report Abuse

Profit a lot past 50 years why cannot donate back by extend loan moratorium 6 more months?