Analysts say construction sector to take a backseat


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”.

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Business , construction , gamuda

   

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