Wall Street Journal — Markets

Financial Services Roundup: Market Talk

Malaysia’s banking sector is poised for further gains despite a recent rally, according to AmInvestment Bank analyst Paul Yap. He cites continued buying from local and foreign investors and relatively attractive valuations versus Singapore peers as key drivers. The note also highlights that dividend upside remains largely unpriced, offering additional upside over the next one to two years. Yap recommends focusing on banks with defensive earnings, strong capital buffers, and the ability to attract more foreign inflows, maintaining an overweight stance on the sector.