BFM Podcast

Does Budget 2023 Benefit Consumer Stocks?

Tan KW
Publish date: Thu, 13 Oct 2022, 02:44 PM
Does Budget 2023 Benefit Consumer Stocks?

13-Oct-22 09:15

Syifaa Mahsuri, Equity Analyst, Hong Leong Investment Bank

Budget 2023 is expected to put more disposable income in the pockets of largely the B40 and also the M40, with cuts in income tax, cash handouts and e-wallet credits. But how much upside will this give the retail sector, given higher interest rates, inflationary pressures and the uncertainty of elections? We get analysis from Syifaa Mahsuri from Hong Leong Investment Bank.

 

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