AllianceDBS: FBM KLCI to Hit 1800 by End-2017
Bernard Ching, Head of Research, AllianceDBS
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Bernard believes that 1Q17 earnings by corporate Malaysia was 'satisfactory', and that the earnings downcycle is now in the past. He also provides his outlook on which sectors/stocks might outperform moving forward.
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Tags: corporate, earnings, 1Q17, bank, plantation, GDP, economy, automotive, gaming, media, domestic consumption, weak consumer sentiment, export-oriented sectors, technology, growth driver, cyclical, defensive stocks, Maybank, Genting, tourism, Gamuda, construction, BIMB, Sunway Construction, Serba Dinamik, Globetronics, Yong Tai