The Construction Sector Rally Is Still Building Up

Loong Chee Wei, Head of Research, Affin Hwang Investment Bank Bhd

15-Jul-24 09:15

The Construction Sector Rally Is Still Building Up

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The construction sector has outperformed the broader market with the KL Construction Index up more than 50% on a year to date basis, beating the FBMKLCI return of 11%. We ask Loong Chee Wei, Head of Research for Affin Hwang Investment Bank Bhd if there are still legs to this rally and what are the companies that will benefit from the raft of new projects.

Image Credit: shutterstock.com

Produced by: Wong Shou Ning

Presented by: Wong Shou Ning, Keith Kam, Shazana Mokhtar

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Categories: markets, economy

Tags: construction sector, fbmklci, kl construction index,

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