Malaysian Consumer Sector Staying in Neutral
Genevieve Ng Pei Fen, Consumer & Glove Analyst, MIDF Investment Bank
22-Apr-24 09:15
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Although unemployment remains low, consumer sentiment has been weighed down by rising cost of living pressures and the weak Ringgit. As for consumer companies, the sharp rise in input cost from fuel to more expensive commodities like cocoa and sugar have meant that margin compression is a concern. We speak to Genevieve Ng, Consumer & glove analyst at MIDF Investment Bank for an outlook on the consumer sector and what the top buys are.
Image Credit: Shutterstock.com
Produced by: Wong Shou Ning
Presented by: Wong Shou Ning, Keith Kam, Shazana Mokhtar
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Categories: markets, economy, investments
Tags: malaysia consumer, top buys, consumer sector,