KUALA LUMPUR: Kenanga Investment Research expects consumer and retail companies to be relative beneficiaries from the RM250bil stimulus package to offset the impact of the Covid-19 coronavirus.
The research unit said in its latest report that the measures were laudable as they aim to stabilise a tenuous economy.
“This additional stimulus package is much needed given the pervasive Covid-19 disruptions turning out to be much worse than expected, it added.
...