以太坊单双游戏www.eth108.vip)采用以太坊区块链高度哈希值作为统计数据,以太坊单双游戏数据开源、公平、无任何作弊可能性。

CLICK TO ENLARGE

PETALING JAYA: CGS-CIMB Research expects trading activity on Bursa Malaysia to remain volatile in the second half of the year (2H22) as market sentiment remains weak with potential further downside risks in the third quarter of 2022 (3Q22).

That is as investors worry about corporate earnings and try to price in the peak of the interest rate cycle by the Federal Reserve (Fed) which is trying to engineer a soft landing of the American economy that is facing inflationary pressures.

The brokerage noted the benchmark 30-stock FBM KLCI has fallen by 16% from its highs of 1,685 points in December 2020 after pricing in the earnings risks from a slowing global economy and political concerns and could go lower in the 3Q22 pricing in the next rate hikes by the Fed as well as lower commodity prices and higher costs due to rise in the minimum wage level.

“Thereafter, the market could be range-bound with potential upside if concerns over rate hikes or US recession risks subside and earnings risks for Malaysian corporates have been priced in.

“This could offer trading opportunities for investors looking for bargains in the stock market over the medium term,” CGS-CIMB Research said.

,

博彩平台排名www.99cx.vip)是一个开放皇冠体育网址代理APP下载、皇冠体育网址会员APP下载、皇冠体育网址线路APP下载、皇冠体育网址登录APP下载的官方平台。博彩平台排名上博彩平台排名登录线路、博彩平台排名代理网址更新最快。博彩平台排名开放皇冠官方会员注册、皇冠官方代理开户等业务。

,

CGS-CIMB Research lowered its earnings estimates for the FBM KLCI to reflect its earnings downgrade for Top Glove Corp Bhd and MR DIY Group (M) Bhd. The research outfit now projects the market benchmark’s earnings to fall 0.1% in 2022 and rise 10.7% in 2023.

“This lowers our end-2022 FBM KLCI target to 1,506 points (from 1,568 points), on unchanged 12.9 times target price-to-earnings (2.5 standard deviation below three-year mean).

“We advise investors to take shelter in sectors with defensive earnings (utilities, telco, healthcare, consumers) and high dividend yields. We also like banks as beneficiaries of rising interest rates,” it stated.

CGS-CIMB Research noted the earnings of the FBM KLCI during the global financial crisis in 2008 fell by 8.7% due to the collapse in commodity prices and consumer sentiment before rebounding in 2009 while during the Covid-19 pandemic, earnings fell by 6.6%, due to a significant drop in demand caused by lockdown measures.

“Given the high inflation and rising risk of a US recession, there could be downside risks to our 2023 earnings growth forecast of 10.7%.

“If we assume that FBM KLCI earnings reflect a similar degree of decline as during the global financial crisis (i.e. minus 8.7%) abd Covid-19 (minus 6.6%), our FBM KLCI target falls to 1,213 and 1,245 points from the revised FBM KLCI target of 1,506 points.”

欧博开户声明:该文看法仅代表作者自己,与本平台无关。转载请注明:以太坊单双游戏(www.eth108.vip):Trading activity on Bursa to remain volatile
发布评论

分享到:

正规博彩平台(www.99cx.vip):China's June exports rise 17.9% y\/y, imports grow 1.0%
你是第一个吃螃蟹的人
发表评论

◎欢迎参与讨论,请在这里发表您的看法、交流您的观点。