BFM 89.9
The Business Station
BFM 89.9
The Business Station
Steady But Don't Expect Outsized Capital Gains
Steady But Don't Expect Outsized Capital Gains
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Guest: Samuel Woo, Equity Research Analyst, MIDF
The banking sector has been a steady performer. It was also an indirect beneficiary of Budget 2023 with incentives given for SMEs and the B40 group. While it will continue to benefit from more OPR hikes by BNM, a potential headwind is the eventual normalisation of OPR rates possibly in mid-2023. For more insights on this, we speak to Samuel Woo, Equity Analyst at MIDF.
Image credit: Shutterstock
Presenter: Shazana Mokhtar, Wong Shou Ning, Chong Tjen San
Producer: Chong Tjen San
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