Chris Eng, Head of Research, Etiqa Insurance and Takaful
05-Apr-16 09:53
The FBMKLCI has performed well since its recent lows both from returns and currency effects. Rising headwinds may temper the advance. Tenaga and plantations maybe sectors that would be benefit from the heatwave and haze.
calvintaneng
Tenaga profit will climb due to non stop aircond usage caused by hot hot El Nino weather.
By proxy YTL POWER Should alao do very well.
Moreover, YTL Power gives a better dividend rate than TNB at 6.8% yearly.
And dividend can only increase further due to El Nino helping to generate highe profits.
2016-04-05 13:29