UOB favours E&E sector in exporters space
Vincent Khoo, Head of Research for Malaysia, UOB KayHian
20-Dec-16 09:20
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Given that the ringgit is still persistently weak after the US elections more than a month ago, we explore if UOB is re-looking at exporters as an investment theme.
In particular, we discuss which sub-sectors and companies the research house favours, and the impact of Bank Negara's recent ruling (of requiring exporters to convert at least 75% of their proceeds in ringgit) on the sector.
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Tags: Exporters, stock market, fbm klci, uob kayhian, equities, bursa malaysia, usd, ringgit, investment strategy
