Big banks in Asia look set to jump — and these stocks may leap the most

  • 📰 CNBC
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 72%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

New for subscribers: Big banks in Asia look set to jump — and these stocks may leap the most. Check out CNBCPro today.

A pedestrian looks at an electronic quotation board showing numbers of the Nikkei 225 index in Tokyo on September 11, 2020.Big banks in Asia are poised for a comeback as the global economy recovers.

Share prices of some major banks have soared — some by more than 30% this year, and estimates from data analytics firm Refinitiv show further upside. Banks are among the so-called cyclical stocks that rise and fall as the economy rises or falls. They dropped out of favor over the past yearHere are the major Asian banking stocks — those with a market capitalization of above $10 billion — that have the most room to run, according to Refinitiv.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Pro WallStreet 'advisers' and mass media: CNBC, Bloomberg have to be very proud for luring clueless retail 'investors' into the biggest StockMarket BUBBLE in history! This is what they are paid for by big corporations - turning retail investors into bagholders!

Pro Dat look like a Chemistry Chart.........shhh! Dont say it!!!!!!!

Pro More good news please(((

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines