MALAYAN BANKING BHD

KLSE (MYR): MAYBANK (1155)

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Last Price

10.74

Today's Change

+0.04 (0.37%)

Day's Change

10.64 - 10.76

Trading Volume

1,175,900


38 people like this.

23,264 comment(s). Last comment by pang72 16 hours ago

Keyman188

5,968 posts

Posted by Keyman188 > 2021-04-01 21:35 | Report Abuse

Pfizer Covid vaccine is 91% effective in updated data, protective against South African variant

(PUBLISHED THU, APR 1 20216:51 AM EDT)


~ Pfizer and BioNTech said their vaccine is around 91% effective at preventing the disease, citing data that included people inoculated for up to six months.

~ The shot was also 100% effective in preventing illness among trial participants in South Africa, where a new variant is dominant, although the number of those participants was relatively small at 800.


## https://www.cnbc.com/2021/04/01/pfizer-covid-vaccine-is-91percent-effective-in-updated-data-protective-against-south-african-variant.html

Keyman188

5,968 posts

Posted by Keyman188 > 2021-04-01 21:35 | Report Abuse

More protective over virus variant...

Keyman188

5,968 posts

Posted by Keyman188 > 2021-04-02 20:45 | Report Abuse

Malaysia, China Agree on Mutual Recognition of Vaccine Certificates

(April 2, 2021, 1:57 PM GMT+8)

Malaysia and China have agreed in principal to mutually recognize their vaccination digital certificates, or Covid-19 health certification, Malaysia Foreign Affairs Minister Hishammuddin Hussein said in a briefing during his visit to China.

## https://www.bloomberg.com/news/articles/2021-04-02/malaysia-china-agree-on-mutual-recognition-of-vaccine-certs

Keyman188

5,968 posts

Posted by Keyman188 > 2021-04-02 20:45 | Report Abuse

Really great great news around the corner...

nerdy123

46 posts

Posted by nerdy123 > 2021-04-02 20:53 | Report Abuse

stop promoting other non related news here la

tollebunsmith

4,277 posts

Posted by tollebunsmith > 2021-04-03 08:29 | Report Abuse

nerdy123 :: sell MBB buy gloves to see ur capital flip flop and great excitement to win or lose big.. just like casino.

EEEEEEEEH

136 posts

Posted by EEEEEEEEH > 2021-04-03 08:31 | Report Abuse

Glove are trap.

aliyusof

1,393 posts

Posted by aliyusof > 2021-04-03 09:41 | Report Abuse

Glove...gone case

Keyman188

5,968 posts

Posted by Keyman188 > 2021-04-03 10:43 | Report Abuse

Jobs report blows past expectations as payrolls boom by 916,000 in March

(PUBLISHED FRI, APR 2 20218:30 AM EDTUPDATED FRI, APR 2 202111:48 AM EDT)

~ Nonfarm payrolls rose by 916,000 in March, while the unemployment rate declined to 6%.

~ The job growth was well ahead of Dow Jones estimates for 675,000 and the fastest since August 2020.

~ Gains were strongest in leisure and hospitality, while construction soared by 110,000.

~ Revisions also added 156,000 jobs to the totals for January and February.


## https://www.cnbc.com/2021/04/02/us-jobs-report-march-2021.html

Keyman188

5,968 posts

Posted by Keyman188 > 2021-04-03 10:43 | Report Abuse

US future index further surged last night by +170 pt...

Global market most likely shall be bright driven by good job data...


CHEERS...............

Keyman188

5,968 posts

Posted by Keyman188 > 2021-04-04 12:18 | Report Abuse

Covid vaccinations hit another record, average now above 3 million daily

(PUBLISHED SAT, APR 3 20215:45 PM EDT)

~ The U.S. is now administering more than 3 million new Covid vaccine shots daily, based on a seven-day average of CDC data.

~ On Saturday, the public-health agency reported a record 4.1 million new doses were given.

The U.S. reported on Saturday another daily record of new Covid vaccine doses administered, pushing the weekly average of new shots per day above 3 million, according to data compiled by the Centers for Disease Control and Prevention.

The public-health agency on Saturday reported 4.1 million new doses were given, the highest daily mark since the Food and Drug Administration cleared vaccines for emergency use late last year.

About 104.2 million U.S. residents, or 31% of the population, have received at least one vaccine dose, according to the CDC, while 59.9 million people, or 18% of the population, are fully vaccinated. Pfizer and Moderna’s vaccines require two doses for full immunity protection; Johnson & Johnson’s vaccine, which received limited clearance in late February, is a single-shot regime.

Three-quarters of U.S. residents who are age 65 and older have received at least one vaccine dose, CDC data shows, providing crucial protection against the disease to a vulnerable group of Americans. As of March 31, nearly 81% of the country’s Covid deaths have occurred in people age 65 and up.

The rise in daily vaccine doses administered comes as available supply increases and eligibility is expanded across the nation. In states such as Texas, Kansas and Ohio, all residents age 16 and older are now able to get the vaccine.

The vaccine milestone Saturday arrives against a somewhat mixed picture for coronavirus cases and deaths in the past week. The country’s seven-day average of new daily infections sits at 64,617, up 6% compared with a week ago, according to a CNBC analysis of Johns Hopkins University data. Cases are growing in 26 states, plus Washington D.C., CNBC’s analysis shows.

However, the U.S. weekly average of new deaths per day is down 12% to 847.

President Joe Biden has urged the country to continue remaining vigilant around coronavirus spread despite significant progress on the vaccine rollout. “Too many Americans are acting as if this fight is over,” Biden said Friday. “It is not.”

Also on Friday, the CDC said people who have been fully vaccinated against Covid can travel at “low risk to themselves,” while still stressing the need to wear a mask and maintain physical distance.

“We continue to encourage every American to get vaccinated as soon as it’s their turn, so we can begin to safely take steps back to our everyday lives,” CDC Director Dr. Rochelle Walensky said in a statement that accompanied the guidance change. “Vaccines can help us return to the things we love about life, so we encourage every American to get vaccinated as soon as they have the opportunity.”


## https://www.cnbc.com/2021/04/03/covid-vaccinations-hit-another-record-average-now-above-3-million-daily.html

Keyman188

5,968 posts

Posted by Keyman188 > 2021-04-04 12:19 | Report Abuse

New Life...New World...

Cheers..........

EDINVESTOR

597 posts

Posted by EDINVESTOR > 2021-04-04 12:29 | Report Abuse

This is one stock where you can sleep well at night without worries. I just bought 79,000 units at average 8.245 per shares. Life investment no eyes see & just continue receiving dividend. May top up in the coming weeks or months.

meistsk3134

2,368 posts

Posted by meistsk3134 > 2021-04-04 12:30 | Report Abuse

79 lot. wow

meistsk3134

2,368 posts

Posted by meistsk3134 > 2021-04-04 12:32 | Report Abuse

better buy 2 house and rent better than maybank

EDINVESTOR

597 posts

Posted by EDINVESTOR > 2021-04-04 12:44 | Report Abuse

I owned property and getting rental makes you wants to sell it off. If those who get bank loan to purchase it doesn't make sense as returns after deduction of interest not much profit & rental not exactly attractive. Only industrial lots are having good rental returns and higher appreciations of property prices. You can never make profit if your loan beyond 8 years.

kfbusjd

666 posts

Posted by kfbusjd > 2021-04-04 14:19 | Report Abuse

https://malaysiastock.biz/Company-Announcement.aspx?id=1302810 11 days before dividend ex date is announced.

stkoay

6,383 posts

Posted by stkoay > 2021-04-04 14:20 | Report Abuse

The dividend reinvestment price will probably be announced after AGM on 15-4-21......during this period, prices will probably remain low.

EDINVESTOR

597 posts

Posted by EDINVESTOR > 2021-04-04 14:24 | Report Abuse

Drp is attractive but end up with odd lots

kfbusjd

666 posts

Posted by kfbusjd > 2021-04-04 14:24 | Report Abuse

so its good time to collect. They want share price low so they can get lower drp price.

stkoay

6,383 posts

Posted by stkoay > 2021-04-04 19:30 | Report Abuse

Yes, no need to bid high....price will remain low until DRP price is fixed.

yingzhe17

878 posts

Posted by yingzhe17 > 2021-04-04 22:41 | Report Abuse

After this 7.99

Keyman188

5,968 posts

Posted by Keyman188 > 2021-04-05 08:46 | Report Abuse

U.S. says 165 million doses of COVID-19 vaccine been administered so far

(April 5, 20212:17 AMUpdated 6 hours ago)

(Reuters) - The United States has administered more than 165 million doses of COVID-19 vaccines in the country as of Sunday morning and distributed nearly 208 million, the U.S. Centers for Disease Control and Prevention (CDC) said on Sunday.

That is up from the 161,688,422 vaccine doses the CDC said had gone into arms by Saturday out of 207,866,645 doses delivered.

The agency said 106,214,924 people had received at least one vaccine dose, while 61,416,536 people have been fully vaccinated as of Sunday.

The CDC tally includes two-dose vaccines from Moderna Inc and Pfizer/BioNTech,, as well Johnson & Johnson’s one-shot vaccine as of 6:00 a.m. ET on Sunday.

A total of 7,742,126 vaccine doses have been administered in long-term care facilities, the agency said.


## https://www.reuters.com/article/us-health-coronavirus-usa-cdc/us-says-165-million-doses-of-covid-19-vaccine-been-administered-so-far-idUSKBN2BR0LV

Keyman188

5,968 posts

Posted by Keyman188 > 2021-04-05 08:46 | Report Abuse

Very encouraging campaign...


Cheers......

Bgt 9963

7,445 posts

Posted by Bgt 9963 > 2021-04-05 08:56 |

Post removed.Why?

Kenzotaj

182 posts

Posted by Kenzotaj > 2021-04-05 09:09 | Report Abuse

any idea when is the dividend exdate?? Already April

aliyusof

1,393 posts

Posted by aliyusof > 2021-04-05 09:12 | Report Abuse

15th April AGM ..will know

getingreal

404 posts

Posted by getingreal > 2021-04-05 12:00 | Report Abuse

I expect automatic approval at AGM, then announce with DRP pricing in mid May, then early June for payment date.

AllYouCanBuy

2,060 posts

Posted by AllYouCanBuy > 2021-04-05 18:14 | Report Abuse

What will happen to the share price? Will it go down to match DRP pricing after June?

masterus

3,593 posts

Posted by masterus > 2021-04-05 23:53 | Report Abuse

He Built a $10 Billion Investment Firm. It Fell Apart in Days.
Banks were eager to do business with Bill Hwang and his Archegos Capital Management — until he ran out of money.

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By Kate Kelly, Matthew Goldstein, Matt Phillips and Andrew Ross Sorkin
April 3, 2021
Until recently, Bill Hwang sat atop one of the biggest — and perhaps least known — fortunes on Wall Street. Then his luck ran out.

Mr. Hwang, a 57-year-old veteran investor, managed $10 billion through his private investment firm, Archegos Capital Management. He borrowed billions of dollars from Wall Street banks to build enormous positions in a few American and Chinese stocks. By mid-March, Mr. Hwang was the financial force behind $20 billion in shares of ViacomCBS, effectively making him the media company’s single largest institutional shareholder. But few knew about his total exposure, since the shares were mostly held through complex financial instruments, called derivatives, created by the banks.

Keyman188

5,968 posts

Posted by Keyman188 > 2021-04-06 07:28 | Report Abuse

Dow climbs 370 points to close at a record high amid optimism on the economic recovery

(PUBLISHED SUN, APR 4 20216:03 PM EDTUPDATED MON, APR 5 20214:06 PM EDT)

U.S. stocks climbed to record highs on Monday as a strong bounce in U.S. job growth and solid data in the services sector raised expectations for a swift economic recovery from the pandemic.

The Dow Jones Industrial Average rose 373.98 points to 33,527.19, a record closing high. The S&P 500 gained 1.4% to 4,077.91, also hitting a new record close. The tech-heavy Nasdaq Composite also climbed 1.7% to 13,705.59.

The Labor Department reported Friday that nonfarm payrolls increased by 916,000 in March, the highest since August 2020, while the unemployment rate fell to 6%. Economists surveyed by Dow Jones were expecting an increase of 675,000 and a jobless rate of 6%.

Meanwhile, a measure of U.S. services industry activity soared to a record high in March. The Institute for Supply Management’s non-manufacturing activity index jumped to a reading of 63.7 last month, the highest level in the survey’s history.

“A ‘Capital V’ recovery that is in the early innings,” said Tony Dwyer, Canaccord Genuity’s chief market strategist. “The only thing that could stand in the way would be another shutdown of the economy to contain new Covid-19 strains or a policy mistake by the Fed. Neither appear imminent.”

Tesla shares popped more than 4% as the electric vehicle company reported production and delivery figures that broadly beat expectations.

GameStop shares cut their double-digit losses and closed down about 2% after the video game retailer said it may sell up to $1 billion worth of stock.

Classic reopening plays like airlines and cruise operators outperformed. Delta Airlines and United jumped more than 2% each, while Carnival and Norwegian Cruise Line gained 4.7% and 7.2%, respectively.

Bond yields, whose sudden advance spooked some investors in recent weeks, continued to ease. The 10-year Treasury yield fell slightly to 1.71% on Monday.

“We expect equities and other risk assets to be supported by the new nominal — a more muted response of government yields to stronger growth and higher inflation than in the past as central banks lean against any sharp yield rises,” Wei Li, global chief investment strategist at BlackRock, said in a note.

The stock market is building on its recent strength after President Joe Biden introduced his multitrillion-dollar infrastructure proposal, which focuses on rebuilding roads, bridges and airports, expanding broadband access and boosting electric vehicle use and updating the country’s electric grid. The plan will be funded partly by a hike in the corporate tax rate to 28%.

Treasury Secretary Janet Yellen on Monday pushed for a global minimum corporate tax in an effort to keep companies from relocating to find lower rates.

However, Biden’s plan faces opposition among Republicans as the $2 trillion plan includes initiatives that they say extend beyond traditional infrastructure issues.

Republican Sen. Roy Blunt of Missouri on Sunday urged the Biden administration to pare back the package to roughly $615 billion and concentrate on physical infrastructure such as roads and airports.

Senate Minority Leader Mitch McConnell, R-Ky., said last week that Biden’s plan would not receive Republican support and vowed to oppose the broader Democratic agenda.

On the pandemic front, the U.S. reported another daily record of new Covid vaccinations Saturday, pushing the weekly average of new shots per day above 3 million.

## https://www.cnbc.com/2021/04/04/stock-market-futures-open-to-close-news.html

Keyman188

5,968 posts

Posted by Keyman188 > 2021-04-06 07:28 | Report Abuse

Really strong recovery road...

Keyman188

5,968 posts

Posted by Keyman188 > 2021-04-06 10:15 | Report Abuse

Fundstrat’s Tom Lee explains why he expects a ‘face-ripper rally’ in April

(PUBLISHED MON, APR 5 20216:37 PM EDT)

~ “I think there’s a level of surprise coming in April because we already had a strong finish beginning Wednesday of last week,” Fundstrat’s Tom Lee told CNBC on Monday.

~ Lee said he believes the S&P 500 could rally roughly 3% by the end of the month.

Tom Lee said Monday he expects the stock market’s strong start to April to continue throughout the month as part of what he’s previously dubbed a “face-ripper rally.”

The co-founder of Fundstrat Global Advisors made his case in an interview on CNBC’s “Fast Money,” following the S&P 500′s 1.4% gain Monday to notch a record close of 4,077.91.

“Institutions raised almost $200 billion of cash since the start of the year, so they’ve turned quite cautious, and they’ve been fading or selling their tech and growth holdings but they’ve only just begun to nibble on the ... epicenter [stocks],” said Lee, whose firm considers those to be companies that were among the hardest-hit in the pandemic but stand to gain from the economic recovery.

“So, I think there’s a level of surprise coming in April because we already had a strong finish beginning Wednesday of last week. It’s really three days of strong rallies and history shows this is really building up to be what could be a, potentially, S&P 4,200 before the end of the month,” Lee said.

The broad equity index reaching that level would represent roughly 3% upside from Monday’s close.

Additionally, Lee said it would make the April rally “something that is both really strong but, more importantly, quite a big surprise for institutions.”

As for what happens after a so-called face-ripper rally, Lee said there could be a period of choppy trading.

“I think if the S&P does in fact rally strongly this month at a time when institutions are sitting on so much cash and there’s so much skepticism on this market, we could see a big chase and that could mark the high for the year,” he said. “I wouldn’t say that’s our base case, but yes, we would have to consolidate these gains.”

## https://www.cnbc.com/2021/04/05/fundstrats-tom-lee-expects-a-face-ripper-rally-in-april.html

Keyman188

5,968 posts

Posted by Keyman188 > 2021-04-06 10:15 | Report Abuse

Always trust reliable international fund manager...

Keyman188

5,968 posts

Posted by Keyman188 > 2021-04-06 20:49 | Report Abuse

IMF increases global growth forecast and says a way out of the crisis is ‘increasingly visible’

(PUBLISHED TUE, APR 6 20218:31 AM EDTUPDATED TUE, APR 6 20218:38 AM EDT)

~ The latest round of fiscal stimulus in the U.S. along with the vaccine rollouts across the world have made the Fund more confident about the global economy this year.

~ The latest forecasts suggest the United States is well placed to experience a solid economic recovery in 2021, in contrast to what’s expected for most of the world, where many economies are likely to take longer to return to their pre-crisis levels.


LONDON — The International Monetary Fund is now expecting a stronger economic recovery in 2021 as Covid-19 vaccine rollouts get underway, but it warns of “daunting challenges” given the different rates of administering shots across the globe.

On Tuesday the group said it expects the world economy to grow by 6% in 2021, up from its 5.5% forecast in January.

Looking further ahead, global GDP (gross domestic product) for 2022 is seen increasing by 4.4%, higher than an earlier estimate of 4.2%.

“Even with high uncertainty about the path of the pandemic, a way out of this health and economic crisis is increasingly visible,” Gita Gopinath, the IMF’s chief economist, said in the latest World Economic Outlook report.

The latest round of fiscal stimulus in the U.S., along with the vaccine rollouts across the world, have made the fund more confident about the global economy this year.

“Nonetheless, the outlook presents daunting challenges related to divergences in the speed of recovery both across and within countries and the potential for persistent economic damage from the crisis,” Gopinath also said.

The IMF estimated a 5.1% GDP rate for advanced economies this year, with the United States growing at a pace of 6.4% in 2021.

Meanwhile, the forecast for emerging and developing economies is 6.7% in 2021, with India expected to grow as much as 12.5%.

“Within-country income inequality will likely increase because young workers and those with relatively lower skills remain more heavily affected in not only advanced but also emerging markets and developing economies,” Gita warned, while also adding that lower levels of female employment is exacerbating disparities too.

As a result, the IMF said that governments should continue to focus on “escaping the crisis” by providing fiscal support, including to their healthcare systems. In a second phase, “policymakers will need to limit long-term economic scarring” from the crisis and boost public investment, for instance.

“Without additional efforts to give all people a fair shot, cross-country gaps in living standards could widen significantly, and decades-long trends of global poverty reduction could reverse,” Gopinath warned.

Recovery in the U.S.

The latest forecasts suggest the United States is well placed to experience a solid economic recovery in 2021, in contrast to what’s expected for most of the world, where many economies are likely to take longer to return to their pre-crisis levels.

The positive assessment for the U.S. is highly driven by President Joe Biden’s $1.9 trillion coronavirus rescue package, which entered into force last month.

As such, unemployment in the United States is expected to fall from 8.1% in 2020 to 5.8% this year and then again to 4.1% in 2022, according to the latest IMF projections.

Back in February, Treasury Secretary Janet Yellen said the U.S. could return to full employment in 2022. “There’s absolutely no reason why we should suffer through a long slow recovery,” she told CNN at the time.

The IMF’s latest forecasts confirm that the U.S. is on track to not only return but surpass its pre-Covid levels this year.

“Among advanced economies, the United States is expected to surpass its pre-Covid GDP level this year, while many others in the group will return to their pre-COVID levels only in 2022,” Gita said.


## https://www.cnbc.com/2021/04/06/imf-world-economic-outlook-april-2021-global-gdp-to-hit-6percent.html

Keyman188

5,968 posts

Posted by Keyman188 > 2021-04-06 20:50 | Report Abuse

Global economy driven by US & China upcoming...

kfbusjd

666 posts

Posted by kfbusjd > 2021-04-06 21:40 | Report Abuse

EPF will continue to keep Maybank price low to benefit from drp. After drp price is fixed, they will just collect back all the share they previously sold. Then the price soar.

MiaoMiao7

449 posts

Posted by MiaoMiao7 > 2021-04-06 23:07 | Report Abuse

What is drp?

getingreal

404 posts

Posted by getingreal > 2021-04-07 11:06 | Report Abuse

Dividend Reinvestment Plan whereby you have the option of taking all cash, or of reinvesting part or the bulk of it in more Maybank shares at a discounted price.

Posted by fundamentalist6632 > 2021-04-07 15:02 | Report Abuse

How did you guys find out that a DRP is coming instead of cash dividend only?

getingreal

404 posts

Posted by getingreal > 2021-04-07 16:24 | Report Abuse

Every Maybank Dividend in recent years has had a DRP element except on rare occasion when the share price is very low, and on another the DRP was cancelled when the share price moved lower than the DRP strike price.

stkoay

6,383 posts

Posted by stkoay > 2021-04-07 17:04 | Report Abuse

DRP is not fixed....why need to closed so high today? :(

ZeaXG

303 posts

Posted by ZeaXG > 2021-04-07 17:15 | Report Abuse

Dei who last minute pump up tiger bank la

Posted by fundamentalist6632 > 2021-04-07 17:19 | Report Abuse

What happened.... whole KLCI up during the last minute because of Maybank lol

Posted by Dividendplayer > 2021-04-07 17:37 | Report Abuse

Wait for announcement. I suspect foreign buying. 21k lots at 8.48 points to very high excess demand vs supply. Im not surprised considering the high demand for yield. Unfortunate for the drp but we had the chance to buy cheap 8.21- 8.33 for weeks now. Very curious if 8.60 resistance get tested or not. Congrats traders and investors on the jackpot. Short sellers ,are scrambling right about now. Lmao.

tollebunsmith

4,277 posts

Posted by tollebunsmith > 2021-04-07 19:09 | Report Abuse

wtf ... who de;eted my mf tweet

tollebunsmith

4,277 posts

Posted by tollebunsmith > 2021-04-07 19:10 | Report Abuse

Syndicated buying u jaga saya, saya jaga lu bs

tollebunsmith

4,277 posts

Posted by tollebunsmith > 2021-04-07 19:11 | Report Abuse

not foreign buying ,.,, local pakat pakat bluff sell buy,, so drp becomes higher and we retail investers gets played out

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