Bank stocks overshadowed

Article Abstract:

The stock prices of banking institutions in Malaysia have suffered a decline of 50% or more despite Malaysian bank's status as the Southeast Asian region's second-strongest banking sector after the banking industry of Singapore. Fund managers and analysts, however, do not recommend the purchase of bank stocks in Malaysia due to the uncertainty arising from the country's need for an economic restructuring after enjoying a fast growth pace. Fund managers and analysts project that it will take Malaysia's bank stocks one year or longer to be favorable for investors.

Corporate Bank Loans, Banking industry, Bank loans, Bank stocks

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Kuala Lumpur still has some cheap picks

Article Abstract:

Analysts claim that investors in Kuala Lumpur must be selective enough in choosing stocks to be added in their portfolios as the country suffer from currency devaluation and stock market crisis. Several investment companies took advantage of the 12% increase in composite index, as a result of Prime Minister Mohamad's move to lift trade restrictions and limit campaigns against foreign speculators. Analysts further cited that if investments on exports and outflow continue to be weak, the status of ringgit would worsen.

Securities, Kuala Lumpur, Malaysia (City)

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Rally in Malaysian stocks is seen as a chance to bail out

Article Abstract:

Economic experts believe the current surge of Malaysian stock market would prevail for a considerable amount of time. The country registered an 11% increase in the composite index, being one of the strongest market players in Asia during the latter half of 1998. However, the phenomenon is viewed by experts as a convincing time to sell stocks, rather than acquire shares. Despite the strong performance of stocks in Malaysia, investors have expressed uncertainty over the long-term prospects of financial markets.

Securities and Commodity Exchanges, Security and commodity exchanges, Securities Exchanges, Stock-exchange, Stock exchanges, Exchanges

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