Malaysia's Market Likely to Stay Range-Bound, CIMB Securities Says -- Market Talk

Dow Jones
04-04

0119 GMT - Malaysia's equity market may stay range-bound as investors digest the higher-than-expected 24% U.S. tariff, CIMB Securities analysts Ivy Ng Lee Fang and Lim Yue Jia say in a note. Export-driven sectors could come under pressure, though Malaysian glove makers may gain market share from Chinese competitors facing steeper tariffs. The impact on export-driven earnings could become more pronounced in coming months, due to higher tariffs and absence of festive demand, they add. In near term, they expect domestic-oriented companies with stable dividend yields, such as banks, telecom, utilities to provide shelter from tariff-related headwinds. Despite uncertainties, CIMB maintains its end-2025 KLCI target at 1657, with Public Bank, CelcomDigi, Tenaga Nasional, and IHH Healthcare among its top picks. The KLCI at 1511.07. (yingxian.wong@wsj.com)

 

(END) Dow Jones Newswires

April 03, 2025 21:19 ET (01:19 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10