CIMB Research sees recovery in construction sector, Gamuda top pick


KUALA LUMPUR: CIMB Equities Research expects investor sentiment in Malaysia’s construction sector to likely gradually recover.

“We like Gamuda (our top big-cap pick) for its exposure to Mass Rapid Transit (MRT) and Penang transport infrastructure. Muhibbah Engineering, our small/mid-cap pick, remains oversold but offers unchanged order book growth potential.

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