PETALING JAYA: Construction analysts are largely “neutral” on the sector and have advised investors to stay on the sidelines until the risks from the 13th general election (GE13) recede.
In a report, Alliance Research analyst Jeremy Goh downgraded the sector to “neutral” from “overweight”, arguing that the period ahead of the impending polls was “an opportune time to cash out”.
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!