Monday 06 May 2024
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SINGAPORE (Jan 8): Key drivers include buoyant capital markets, asset disposals, listings of business units, regulatory changes and tapping of Islamic funds, Credit Suisse strategist Danny Goh
writes in note.

* Potential restructuring candidates include Sime Darby, Sime Darby Property, Malaysia Airports Holdings, Maybank, AirAsia, IJM Corp., CIMB Group and RHB Bank

* Positive developments in recent weeks that may boost investors’ sentiment include currency strength, 3Q GDP, earnings beating estimates, foreigners turning net buyers in Dec.

* Market-moving events in 2018 may include economic improvements, currency and bond market stability, key mega projects and general elections

* Top ideas also include Gamuda, SP Setia, IHH Healthcare, Uzma

* Returns in USD since 2016 end: MSCI Malaysia Index +24%, MSCI Emerging Market Index +39%

 

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