Banking, property, small-cap stocks favoured for 2004

RECOVERY themes such as banking and property as well as small- and mid-cap stocks are the tunes being sung for the KLSE in 2004, as selecting the right stocks takes on a more critical dimension in the current uncertain market conditions. 

Research houses have taken the government’s Budget 2004 focus on domestic investment and consumption, service industries and small- and medium-scale enterprises as a cue to how the Malaysian economy of the future would benefit those firms involved in these areas.