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4.330 0.050 (1.17 %)

High: 4.330     Low: 4.280     Vol: 821,600 Average Vol: 17,677

last updated: 1-Nov-2017 4:56 PM

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AMBANK: Broke Above Its Downtrend Line 27-Apr-2017 5:00 PM

In early March, I wrote again about AMBANK testing its downtrend line (here). On April 21, AMBANK finally broke above its long-term downtrend line, RR at RM5.00. See Chart 1 below.Chart 1: AMBANK's we...

Odds for interest rate hike this year higher now: AmBank 18-Apr-2017 11:00 AM

KUALA LUMPUR: The phenomenon of interest rates currently being lower than the inflation rate has led to the possibility of a rate increase this year, said AMMB Holdings Bhd group CEO Datuk Sulaiman Mohd Tahir. “With the Goods and Services Tax and the...

AmBank to quadruple transactions via JomPAY 17-Apr-2017 3:00 PM

KUALA LUMPUR: AmBank Group, which signed an agreement with Indah Water Konsortium Sdn Bhd (IWK) today, aims to grow its transactions via JomPAY by four times in the next three to six months. Group CEO Datuk Sulaiman Mohd Tahir said the number of tran...

Shazalli can smoothen path for possible Axiata-TM remerger: AmBank Research 23-Mar-2017 6:00 AM

PETALING JAYA: AmBank Research believes the appointment of Axiata Group Bhd’s Datuk Seri Mohammed Shazalli Ramly as the new CEO of Telekom Malaysia Bhd (TM) could ease the possible consolidation of Axiata with TM. “As Shazalli was formerly with th...

AMMB dismisses reports of potential merger with RHB 23-Mar-2017 9:00 AM

KUALA LUMPUR: Reports on a potential merger between AMMB Holdings Bhd and RHB Bank have been laid to rest as just old news being recirculated. “It is not on. As you know, this story has been circulating for some time,” said Datuk Sulaiman Mohd Tahir,...

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