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Steady But Don't Expect Outsized Capital Gains

Samuel Woo, Equity Research Analyst, MIDF

14-Oct-22 09:15

Steady But Don't Expect Outsized Capital Gains

The banking sector has been a steady performer. It was also an indirect beneficiary of Budget 2023 with incentives given for SMEs and the B40 group. While it will continue to benefit from more OPR hikes by BNM, a potential headwind is the eventual normalisation of OPR rates possibly in mid-2023. For more insights on this, we speak to Samuel Woo, Equity Analyst at MIDF.


Image credit: Shutterstock

Produced by: Chong Tjen San

Presented by: Shazana Mokhtar, Wong Shou Ning, Chong Tjen San


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Categories:  Corporates

Tags:  budget 2023belanjawan 2023malaysian banking sectoropr hikeequity market





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