|Bid||0.0000 x 0|
|Ask||0.0000 x 0|
|Day's Range||4.1500 - 4.1500|
|52 Week Range||3.7500 - 5.0000|
|Beta (3Y Monthly)||0.20|
|PE Ratio (TTM)||11.46|
|Forward Dividend & Yield||0.31 (7.59%)|
|1y Target Est||N/A|
Malayan Banking Bhd (Maybank), Malaysia's largest lender by assets, recorded a 3.3% fall in net profit for the first quarter on Thursday due to lower net interest income, higher expenses and allowances for impairment losses on loans. Chairman Mohaiyani Shamsudin said the results were within expectations given a softer outlook consequent of ongoing global geo-political issues. Maybank said it expects Malaysia, one of the bank's three main markets in the region, to chart stable growth this year on rebounds in the mining and agriculture sectors, the central bank's interest rate cut and revival of major infrastructure and government development spending projects.
CIMB Group Holdings Bhd on Wednesday logged its first quarterly profit drop since 2015, with year-ago results being inflated by a one-off gain, while the Malaysian lender also flagged a challenging year ahead. The lender also reported a profit drop in its consumer, corporate segments and a loss in investment banking unit, a bourse statement showed. CIMB, Malaysia's second-largest lender by asset, has been posting consecutive quarterly earnings growth since the end of 2015.
Moody's Investors Service has today affirmed the A3/P-2 deposit and A3 foreign currency senior unsecured debt ratings of Malayan Banking Berhad (Maybank). Moody's has also affirmed the bank's baseline credit assessment (BCA) and adjusted BCA at a3, counterparty risk assessments (CRA) at A2 (cr)/P-1(cr), and counterparty risk ratings (CRR) at A2/P-1.
PYONGYANG, North Korea (AP) — Despite the unwanted publicity of a criminal trial for one of their main suppliers, business is booming at Pyongyang's 'Singapore shops,' which sell everything from Ukrainian vodka to brand-name knock-offs from China. The stores stock many of the very things United Nations' sanctions banning trade in luxury goods are intended to block and provide a nagging reminder that not all potential trade partners are lining up behind the U.N.'s pronouncements or the Trump administration's policy of maximum pressure on the North.
SINGAPORE (AP) — An executive of one of two Singapore companies accused by the U.S. Treasury Department of violating U.N. sanctions against North Korea said Friday that he was unaware of any such dealings.