Relief For Consumer Stocks In 2H2024

Syifaa' Mahsuri Ismail, Equity Analyst, Hong Leong Investment Bank

23-Sep-24 09:15

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Malaysia has experienced weaker consumer confidence in the first half of this year, driven by the boycott movement and the rising cost of living. With the recent strengthening of the Ringgit and interest rate cut by the US, could this help boost sentiment and stimulate consumption in our country? Syifaa' Mahsuri Ismail, Equity Analyst at Hong Leong Investment Bank, shares her outlook on consumer stocks.

Image Credit: shutterstock.com

Produced by: Natalie Tan

Presented by: Shazana Mokhtar, Keith Kam

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Categories: markets, economy

Tags: malaysia, consumer sector, consumer spending,

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