KUALA LUMPUR: CIMB Equities Research has downgraded the brewery sector to Underweight from Neutral and keeps tobacco at Underweight as the yields offered are insufficient to compensate for the potential risks while share price will remain depress given the weak volume.
In its report issued Tuesday on the consumer sector, it upgraded the food and beverage (F&B) to Overweight from Neutral.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!