Post 4Q Results, Where Is Our Equity Market Heading?
Anand Pathmakanthan, Head of Regional Equity Research, Maybank Investment Banking Group
06-Mar-23 09:15
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The FBM KLCI's performance has been disappointing which is down 3% YTD. This has been in line with other regional markets due to the strong and resilient data coming out from the US which has pushed the terminal Fed Funds Rate forecast to 5.6%. The retabling of Budget 2023 with a record RM388.1bn allocation has also failed to excite the market. How should investors be thinking about their portfolios moving into 2023 and which stocks should they be focusing on? For insights, we speak to Anand Pathmakanthan, Regional Head of Research at Maybank Investment Banking Group.
Image credit: Shutterstock
Produced by: Chong Tjen San
Presented by: Chong Tjen San, Wong Shou Ning
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Categories: markets
Tags: post budget 2023, fbm klci, equity market outlook,
