KLSE (MYR): HOHUP (5169)
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Last Price
0.135
Today's Change
0.00 (0.00%)
Day's Change
0.13 - 0.135
Trading Volume
536,600
2024-05-13
2024-05-07
2024-05-07
2024-05-07
2024-05-07
Good123
24,974 posts
Posted by Good123 > 4 weeks ago | Report Abuse
KUALA LUMPUR (April 15): RHB Investment Bank (RHB IB) has maintained its “overweight” rating on the property sector and said it expects the sector to continue to be driven by: i) positive news flow on potential infrastructure projects; ii) active land transactions and iii) influx of investments, especially in the data centre, green energy and manufacturing sectors.
In a sector update on Monday, the research house said developers with sizeable landbanks and industrial segment exposure should see greater benefit from infrastructure developments and rising investment flows.
It said pump priming across the Klang Valley, Iskandar Malaysia and Penang region should lift the sector’s overall valuation.