Signs of recovery in the transportation sector


RHB Research said that signs of recovery are in place for the transportation sector based on positive macroeconomic and sectoral indicators.

PETALING JAYA: Emerging signs of recovery in China, a further pick-up in tourism activity and a stronger momentum in trade has led RHB Research to upgrade its call on the transportation sector to “overweight”.

The research house said in a note that signs of recovery are in place for the sector, based on positive macroeconomic and sectoral indicators.

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