0.39 USD
2.21 B USD
11.23 B USD
About Malayan Banking Bhd.
Sector
Industry
CEO
Khairussaleh bin Ramli
Website
Headquarters
Kuala Lumpur
Founded
1960
ISIN
US56108H1059
FIGI
BBG000C031X3
Malayan Banking Bhd. operates as a holding company. The firm engages in the provision of commercial banking and related financial services. It operates through the following segments: Group Community Financial Services (CFS), Group Corporate Banking and Global Markets, Group Investment Banking, Group Asset Management, and Group Insurance and Takaful. The CFS segment offers retail banking services to individual, small, medium enterprise and business banking customers. The Group Insurance and Takaful segment includes underwriting all classes of general and life insurance businesses, offshore investment life insurance business, general takaful and family takaful businesses. The company was founded on May 31, 1960 and is headquartered in Kuala Lumpur, Malaysia.
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Taking short position as price are moving along the trendlineMy current take on this stock would be entering a short position(SELL) on price MYR 10.58 as it touches the trendline of past resistance point. Aside from that, my take on this entry is also due to the fact that this stock is currently making a downtrend movement and the last line of resistance have
Maybank's RM8.00 +/- is very very strong support! 22/May/23Maybank stocks investment probably "can make us sleep better after holding it if compare to others stock".. it's Good timing for "accumulation" @ 8.00 +/-. While "still many like "Money Gxxxs" .. Maybank give u Average 6% dividend + potential of share gain of 50%! in 1,2 years. ( 8.00 to 12). It
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Summarizing what the indicators are suggesting.
Oscillators
Neutral
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Summary
Neutral
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Neutral
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Summary
Neutral
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Moving Averages
Neutral
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Moving Averages
Neutral
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Displays a symbol's price movements over previous years to identify recurring trends.