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PETALING JAYA: Construction counters have been in hibernation mode at least since June, with little or flattish movements in prices since the slight rebound from the March 19 plunge.
KUALA LUMPUR: AmInvestment Research has an Underweight call on the Electronics Manufacturing Services (EMS) sector for 2H20 as it believes demand will still be weak for its customers’ end products.
Car firms will try to make up for lost revenue during MCO
KUALA LUMPUR: AmInvestment Bank research is keeping its underweight call on Cahya Mata Sarawak Bhd, even as its operations contiue to normalise post-movement control order.
KUALA LUMPUR: National car marques are expected to be worse-hit than the non-national brands from the sales slowdown, says Kenanga research as it slashed its earnings forecasts on the sector.
PETALING JAYA: The outlook remains unfavourable for banks in Malaysia, as earnings are expected to shrink, while assets might deteriorate while liquidity and funding could come under pressure due to new measures introduced by Bank Negara.
PETALING JAYA: Affin Hwang Capital Research expects construction work at certain key projects, including the Klang Valley MRT Line 2 (MRT2) and light rail transit line 3 (LRT3), to resume as early as next week.
KUALA LUMPUR: There is expected to be a slow recovery for the Malaysian construction sector post-movement control order although the companies are in a better financial position to weather the cyclical downturn as compared to in previous crises.