Food and beverage (F&B) counters, especially those with higher exposure to in-home consumption like QL Resources Bhd, Nestle Bhd and Power Root Bhd should remain fairly resilient and would still fare better than others in the event of a prolonged fight against the pandemic, Kenanga Research said
PETALING JAYA: Consumer sentiment will continue to remain cautious in the early part of the year for both value-for-money staples and high-value discretionary products.
However, a major deciding factor to recovery lies in a successful and effective Covid-19 vaccination programme which is expected to materialise as the year progresses.
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