PETALING JAYA: The transportation and logistics sector is projected to see a better year, as global trade and travel recover with Covid-19 vaccination programmes getting underway worldwide, says AmInvestment Research.
The research unit has upgraded the transportation and logistics sector to overweight from neutral previously.
Regarding the ports segment, AmInvestment Research said it has bounced back and shall do even better in 2021, as evidenced in the record high Shanghai Containerised Freight Index (SCFI), often used to gauge the health of global trade.
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