Bursa Malaysia Stock Watch
AmResearch stays 'neutral' on telco sector
kltrader
Publish date: Thu, 17 Mar 2011, 10:19 PM
kltrader
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The telecommunication sector's performance will be sustained by the lack of decent yielding big capitalised stocks on Bursa Malaysia following the privatisation of Plus Expressways Bhd.
Against this backdrop, Amresearch remained neutral on the sector.
'We propose a switch of focus to our top pick in the sector, Axiata, from Telekom which we dowgraded recently,' it said in a research note today. -- Bernama
Against this backdrop, Amresearch remained neutral on the sector.
'We propose a switch of focus to our top pick in the sector, Axiata, from Telekom which we dowgraded recently,' it said in a research note today. -- Bernama
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