Thematic plays to rule market in second half

PETALING JAYA: The Perlindungan Ekonomi dan Rakyat Malaysia (Permai) assistance package worth RM15bil unveiled by the government had a generally muted effect on the market but there are thematic plays to bank on as the market trends higher towards the second half of the year.

UOB Kay Hian Research said in a report to its clients that it expects the market to move higher as investors price in the economy’s re-opening in the second half of this year.