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Malaysia's equity market slightly overweight, says UOB Asset Management

Mimi Sabreena 12:13:00 PM Informasi

KUALA LUMPUR (June 29): Singapore-based money manager UOB Asset Management Ltd views that the Malaysian equity market is slightly overweight compared to its peers in Asia Pacific, excluding Japan.

In its 3Q17 Quarterly Investment Strategy report released today, UOB Asset Management said the potential upside to economy and earnings growth will come from strong construction orders, growth in palm oil volumes and drop in bank provisions as non-performing loans peak.

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