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Does Budget 2023 Benefit Consumer Stocks?

Syifaa' Mahsuri Ismail, Equity Analyst, Hong Leong Investment Bank

13-Oct-22 09:15

Does Budget 2023 Benefit Consumer Stocks?

Budget 2023 is expected to put more disposable income in the pockets of largely the B40 and also the M40, with cuts in income tax, cash handouts and e-wallet credits. But how much upside will this give the retail sector, given higher interest rates, inflationary pressures and the uncertainty of elections? We get analysis from Syifaa' Mahsuri Ismail from Hong Leong Investment Bank.

 

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Image credit: Shutterstock

Produced by: Chong Tjen San

Presented by: Shazana Mokhtar, Wong Shou Ning, Chong Tjen San


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Categories:  economymarkets

Tags:  m40 communityinflationary pressuresbudget 2023budget 2023 mahsingbelanjawan 2023b40 communityretail sector


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