Aug 12, 2015

Maybank Should Attract Buyer On Weakness

MALAYAN BANKING BHD  Stock Code: 1155

maybank analysisTechnical Comments:
Maybank should attract buyers on further weakness towards RM8.40 or the 17/12/14 low (RM8.25), with stronger support at RM8.00, prior to an oversold rebound towards the 23.6%FR (RM8.71), with next hurdle seen at the 38.2FR 9.00). Similarly, Sime Darby is attractive to buy on further sell-off towards the 11/8/15 low (RM8.01), RM7.80

by TA Securities

MALAYAN BANKING BERHAD
The Bank's main activities are commercial banking investment banking Islamic banking offshore banking leasing and hire purchase insurance factoring trustee services asset management stock broking nominee services venture capital and Internet banking.