Ringgit set to strengthen and close 2023 at 4.1-4. 'LAST BASTION' REACTION OverWatch twentytwohya 2.11K subscribers Subscribe 377 Share 9. Rakuten Trade sees no threat of new financial crisisįoreign investors to shift attention to Asia as banks' failure sparks volatility in US and Europe - Rakuten Tradeīanking, telco and construction are top sector picks in 2023 for Rakuten Trade I think telcos are certainly ripe for accumulation as well,” he added. Earnings growth for telcos will surpass a 20% growth level. Although earnings growth seems to be a bit on the low side, for this year, the telcos are going to make a comeback. “Telcos have been largely ignored over the last couple of years. Our banking sector remains rather resilient and is also trading at a very reasonable valuation at the moment,” he said.Īpart from heavyweight banks, Yee said telecommunications (telco) stocks are also his top picks. “I would advocate investors to start accumulating below the 1,400-point level, especially blue chips such as banks. Buying opportunities for heavyweight banks and telcos The recent global bank rout had weighed on the benchmark index, sending it to as low as 1,391.60 on Thursday. The KLCI reversed its fortunes as it rebounded strongly by 1.47% or 20.39 points to 1,411.99 at noon break on Friday (March 17). Nonetheless, the research house projected the KLCI to possibly touch 1,630 points by end-2023, based on 15.5 times PER. He also anticipates that there is “a lot of room to grow” in this region, as indices are trading below their average valuation for the past five years.įor example, Rakuten Trade estimates that the current FBM KLCI is hovering within 13.6 times its price-earnings ratio (PER) range, which is almost 30% below its historical five-year average PER of 17.5 times. But going forward, I think there will be more stability within the Asia markets, as we believe there will be the emergence of foreign funds back to Asia,” Rakuten Trade head of research Kenny Yee said in a media briefing on the market outlook for the second quarter of 2023. So that is why we are seeing a lot of uncertainty over the Asia markets. In today's Episode of Couples Reacts we react to Overwatch Animated Short 'The Last Bastion' and this one made us feel so emotional lol Original Video Link. “Global financial markets are suffering due to the knee-jerk reaction that has been transpiring in the Western world. However, he said the party refused to be overconfident and would attempt to win the voters’ hearts especially as the campaign period draws to an end.KUALA LUMPUR (March 17): Rakuten Trade Research has urged investors to stay invested amid panic selling in stock markets across the region, as the current sell-off will be short-lived. On GE14 campaign, Teng said BN would be able to wrest few strategic seats in the state based on the positive response by the voters. El ltimo Bastin TV Mini Series 20182019 IMDb RATING 7. “I challenge Zairil and Chief Minister Lim Guan Eng to read the Penang Forum report and give their opinion whether they agree or disagree with its suggestions,” he added. “We can see that landslides, flash floods, traffic congestion and housing (issues) that were happening here in Tanjong Bunga are occurred throughout the state. Teng said Zairil should understand that the environmental issues at Tanjong Bunga reflects on incidents which have occurred in the state. The manifesto was however questioned by DAP Tanjong Bunga candidate Zairil Khir Johari. Yesterday Teng said that there were many similarities between the BN manifesto and the Penang Forum Agenda 2018 report on environmental issues.
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