The brokerage maintained “ overweight ” on automotive, with Bermaz Auto Bhd( BAuto) and UMW Holdings Bhd as its top picks for the sector.It ascribed a fair value of RM2 for BAuto and RM4.07 for UMW....
With a high vaccination rate and the number of Covid-19 cases remain low, consumer confidence is expected to gradually improve, ” AmInvest said.It noted the cyclical sector would benefit from the economic reopening....
“ Our base case assumption is there will be no lockdowns moving forward....
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星报-商业
2021-12-28 00:00:00.0