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Genevieve Ng Pei Fen, Consumer & Glove Analyst, MIDF Investment Bank
Morning Run · Market Watch · 22 Apr 2024 · 09:15 am · 8 mins listen
Although unemployment remains low, consumer sentiment has been weighed down by rising cost of living pressures and the weak Ringgit. As for consumer companies, the sharp rise in input cost from fuel to more expensive commodities like cocoa and sugar have meant that margin compression is a concern. We speak to Genevieve Ng, Consumer & glove analyst at MIDF Investment Bank for an outlook on the consumer sector and what the top buys are.
Image Credit: Shutterstock.com
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