Significant stock recoveries likely in 2Q23


PETALING JAYA: The second quarter of 2023 (2Q23) reporting season is likely to deliver a noticeable host of earnings winners, in part due to a meaningful rebound from the unusually disappointing 1Q23, says UOB Kay Hian (UOBKH) Research.

The brokerage also expects significant stock recoveries and outperformances by the key 2Q23 earnings winners.

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