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AmInvest Research downgrades construction sector to underweight


KUALA LUMPUR: AmInvest Research downgraded its construction sector recommendation to underweight from neutral as the current slowdown in the local industry sector is a secular change to the sector’s fundamentals.

To recap, the government in Budget 2019 sets itself national fiscal deficit targets of 3.4%, 3.0% and 2.8% of GDP in 2019-2021, from a peak of 3.7% in 2018. 

Analyst Reports , Construction

   

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