Tuesday, June 29, 2010

Banking - Valuations Still Decent With Potential For Earnings To Surprise - 29/6/2010

Banking sector the best proxy to the economic recovery. In our view, the banking sector represents the best proxy to the economic recovery and we continue to believe that the sector can help take the lead in lifting the market to higher grounds. We expect this to be underpinned by factors such as: 1) earnings growth gaining momentum; 2) valuations remain decent relative to the market and historical levels; and 3) relatively low foreign shareholding levels.

Banking - Valuations Still Decent With Potential For Earnings To Surprise - 29/6/2010

1 comment:

Anonymous said...

Amazing posting about banking. Now a days bank is one of the best source for earn by various methods. Thanks a lot...

Focus Market Research

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