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FINANCIAL CHRONICLE™ » CORPORATE CHRONICLE™ » Banking shares Value picks for long term

Banking shares Value picks for long term

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1Banking shares Value picks for long term Empty Banking shares Value picks for long term Thu Sep 20, 2018 1:32 pm

jayathu


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics

I know market is falling and all indications shows economy is moving sideways but banking shares are trading at very low levels.

Fundamentally COMB,SAMP and HNB are strong shares showing resilient performance. Debt repayment levy has further dampen the attractiveness towards banking shares.

Is now the bottom price to enter these shares?? i don't know but at these price all three shares are trading at below PE below 5. If you're buying these shares now please buy it with long term view.

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