UOB Kay Hian Malaysia Research expects Malaysian equities to be energised in 1H17 by a firmer ringgit and general election buzz.
The research house revised its top picks which feature stocks that either have attractive valuations and/or newsflow support.
“During the results season, we cut our market earnings forecasts by 3% for CY17 and 1% for CY18 due to downgrades in the earnings of Axiata and YTL Corp.
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