, which hit its year-to-date low on Aug 19 after a downtrend since March, has since recovered by 4.86% to RM4.10. The 52-week high level was RM4.97 per share.Holding Bhd closed marginally near its 52-week high of RM4.88 yesterday, after breaching the level. In the past two weeks, the stock was up 6.11% to RM4.86 as of closing yesterday.
Commenting on the banking sector’s expected second-quarter results, Chua anticipates a quarter-on-quarter weakening. “The earnings weakness may flow into the third quarter. I think we will see an improvement in the fourth quarter and onwards,” he said. However, outstanding business loan growth increased to 0.9% in June, reflecting stronger working capital loan growth. In comparison, business loans grew 0.4% in April and May.
Fitch Ratings, in a reply to StarBiz, cautioned that there was more loan impairment to come for the Malaysian banks, given the severity of the economic shock posed by the Covid-19 pandemic. “This buys borrowers time for the economy to return to a stronger footing and to benefit from fiscal transfers and pension withdrawals that were announced by the government.
Muhammad Qasim melihat banyak mimpi di mana ia adalah hari terakhir hingga kiamat.Tetapi setiap kali Allah memanjangkan sehari demi rahmatNya kerana Qasim tidak dapat menyelesaikan pekerjaan yang diberikan kepadanya. Muhammad Qasim adalah Imam Al-Mahdi!
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