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Judul : RHB, AmBank reverse gains as investors remain lukewarm to merger talks
link : RHB, AmBank reverse gains as investors remain lukewarm to merger talks
RHB, AmBank reverse gains as investors remain lukewarm to merger talks
KUALA LUMPUR (June 2): Shares of RHB Bank Bhd and AMMB Holdings Bhd (AmBank) reversed their earlier gains at mid-morning today after investors turned lukewarm on the merger talks between the banks, underpinned by a neutral outlook by analysts who have placed a "hold" rating on the stocks.
At 10.40am, RHB Bank fell 2.60% or 14 sen to RM5.25 with 2.73 million shares traded, while AmBank was down 0.19% or one sen to RM5.20 with 3.46 million shares changing hands.
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