Budget 2018 to have neutral to mild impact on equity market

The Business Conditions survey stated that Malaysian manufacturers were upbeat enering into the first quarter of the year, with the Mier Business Conditions Index (BCI) registering 112.7 points during the quarter, its highest in the past 10 quarters. The index rose by 31.5 points during the the quarter, reflecting optimism towards the economic environment in 2017, Mier said.

PETALING JAYA: Budget 2018 is expected to have a neutral to mildly positive impact on the overall local equity market.

But analysts said several sectors, including construction, consumer, retail, automotive, aviation, hospitality, banking and property, were key beneficiaries from the budget next year.