Asset manager sees upside for healthcare, techs and utilities


Its CEO Lim Suet Ling said in the last few months, strong-performing stocks in the healthcare sector helped to moderate the drop in the FBM KLCI.

KUALA LUMPUR: UOB Asset Management (Malaysia) Bhd advises investors to accumulate healthcare, technology sectors for their earnings momentum, and the utilities sector for their defensiveness and dividend yield.

Its CEO Lim Suet Ling said in the last few months, strong-performing stocks in the healthcare sector helped to moderate the drop in the FBM KLCI.

Celebrate Merdeka with 50% Off!
T&C applies.

Monthly Plan

RM13.90/month
RM6.95 only

Billed as RM6.95 for the 1st month then RM13.90 thereafters.

Annual Plan

RM12.33/month
RM6.17/month

Billed as RM78 for the 1st year then RM148 thereafters.

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Business News

Ringgit opens marginally higher against greenback
FBM KLCI bounces back, surpasses 1,680 in early trade
Trading ideas: DRB-Hicom, Binastra, Econpile, Pekat Group, NPC Resources, Scanwolf, Puncak Niaga
Used tractors dominate US farm show
Firms lift outlays in hint of modest demand
Wind power firms battle in Taiwan swap markets
Billion-dollar Indian fund is selling government debt for credit
China to pitch green tech exports to Africa
Investments from Taiwan fuel tech sector growth
Property pain worsens for New World, chief executive

Others Also Read