PETALING JAYA: Improving liquidity will continue to support the bullish consumer sector sentiment and provide valuation rerating, according to RHB Research.
It raised its valuations for Nestle (M) Bhd
, 99 Speed Mart Retail Holdings Bhd and Farm Fresh Bhd based on their promising growth outlook to continue garnering investor interest.
It also expected a sequential pick-up in fourth quarter 2025 (4Q25) sales, while earnings should be driven by favourable year-end seasonal factors.
Most of the companies under its coverage could deliver healthy year-on-year net profit growth, to reflect resilient private consumption on the back of stable employment and economic growth.
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