CIMB Research keeps KLCI end-target of 2,030


"Our top three picks remain: SapuraKencana for oil & gas, Gamuda for construction, and Mah Sing for property. In the smaller cap space, we favour Karex, Signature International and Tune Insurance," it said in its Asia Pacific strategy report on Thursday.

The research house also noted strong interest and curiosity in up-and-coming developer Eco World Development Group following the recent resignation of Tan Sri Liew Kee Sin as the CEO of S P Setia Bhd and market speculation that he might join Eco World.

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