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The Business Station
Post 4Q Results, Where Is Our Equity Market Heading?
11 mins·09:15, 6 Mar 2023
Post 4Q Results, Where Is Our Equity Market Heading?
11 mins
·
09:15, 6 Mar 2023
·
Recommended
Guest: Anand Pathmakanthan, Head of Regional Equity Research, Maybank Investment Banking Group
The FBM KLCI's performance has been disappointing which is down 3% YTD. This has been in line with other regional markets due to the strong and resilient data coming out from the US which has pushed the terminal Fed Funds Rate forecast to 5.6%. The retabling of Budget 2023 with a record RM388.1bn allocation has also failed to excite the market. How should investors be thinking about their portfolios moving into 2023 and which stocks should they be focusing on? For insights, we speak to Anand Pathmakanthan, Regional Head of Research at Maybank Investment Banking Group.
Image credit: Shutterstock
Presenter: Chong Tjen San, Wong Shou Ning
Producer: Chong Tjen San
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