Sabah election likely to spur state-linked stocks


MBSB Research said it is possible that the Sabah elections may influence stocks in construction and property.

PETALING JAYA: Analysts are not discounting the fact that Sabah-related stocks may see sentiment-driven interest in the next couple of months due to the impending 17th Sabah state election.

MBSB Research said in a report to clients that it is possible that the Sabah elections may influence stocks in construction and property due to state development pledges and election campaigns emphasising infrastructure and job creation; plantation stocks which are linked to land policies and infrastructure; and the port/logistics segment.

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