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KUALA LUMPUR: CGS-CIMB Research estimates the RM10 billion PRIHATIN Supplementary Initiative Package (KITA PRIHATIN) will increase the Ministry of Finance's last projected budget deficit by 0.7 per cent of gross domestic product (GDP).
Better FY21 earnings expected for electronics firm
Lower interest rates, sales tax holiday provide further support
PETALING JAYA: Sapura Energy Bhd (SEB) turned in two consecutive quarters of profit but analysts have mixed views as most are cautious on whether the momentum can be maintained given the industry’s challenges.
KUALA LUMPUR: CGC-CIMB Equities Research upgrades Malaysian banks from Neutral to Overweight as it expects net profit growth to recover in 2021F to 14.7% (vs. -18.7% in 2020F).
KUALA LUMPUR: CGS-CIMB Equities Research reiterates its Overweight call on the glove sector as concerns of potential declines in average selling prices (ASPs) from CY21F onwards are premature at this juncture.