KUALA LUMPUR (Sept 2): RHB Retail Research said Alliance Bank Malaysia Bhd is poised for a breakout after rebounding within the sideways range on Tuesday, as it surpassed the 21-day average line, on top of the improved trading volume. In a trading stocks note today, the research house said if the breakout above the RM3.60 immediate resistance level happens, the positive momentum may propel the stock towards the next resistance of RM3.71 or April 22’s high, followed by RM3.83, the highest level recorded since Feb 2019.
KUALA LUMPUR, Aug 30 ― Alliance Bank Malaysia Bhd recorded a net profit of RM212.16 million in the first quarter ended June 30, 2022 (Q1 2022) from RM146.01 million in the.
Kuala Lumpur: Maybank Investment Bank (Maybank IB) remains positive on the Malaysian banking sector despite the challenging macro outlook into 2023, saying there is room to surprise positively should pre-emptive provisions be gradually released.
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