Corporate Earnings in Q1 Disappoint
Benny Lee, Chief Market Strategist, Jupiter Securities
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Q1'16 still proved to be a difficult period for Malaysian corporates as sentiment and economic headwinds weigh down on earnings. The recent OPEC meeting also came with no surprises with local O&G counters still at near historic lows. Benny Lee thinks investors stand to benefit from sectors that will benefit from a weakening ringgit and the plantation sector where CPO prices are set for a rebound.
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