Construction sector has hidden values

Neutral call: A file picture showing construction workers hard at work at a multi-storey building in Bukit Jalil. BIMB Securities has a ‘neutral’ call on the sector.

PETALING JAYA: The fall of the KL Construction Index (KLCI) by 50% in 2018 to 155 points by mid-December was the lowest level seen in 10 years, say analysts at BIMB Securities Research.

“However, despite limited earnings prospect, we reckon there are hidden values within.”