Large-cap stocks a safe bet amid growth concerns


Kenanga Research kept its end-2025 FBM KLCI target at 1,690.

PETALING JAYA: As reciprocal tariff negotiations gear up, the Malaysian market is bracing for second-order effects, with investors urged to focus on margin resilience and valuation support amid prolonged trade discussions.

Kenanga Research, in its latest strategy report, highlights that while an immediate resolution is unlikely as the Malaysian delegation heads to Washington on April 25, the broader concern now lies in secondary impacts such as currency shifts and global growth worries.

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