Winners and losers

TheStar Sat, Dec 15, 2018 08:01am - 5 years View Original


Analysts say consumer stocks that look set for a strong finish should continue to do well next year

CONSUMER stocks look set to finish top of the gainers’ list while oil and gas counters could wrap up the year being the biggest losers on Bursa Malaysia.

This is hardly surprising given the volatile conditions of financial markets all around the world no thanks to a global trade war, weakness in oil prices and locally, a string of economic policy uncertainties due to the establishment of a brand new ruling coalition in May.

Consumer stocks, seen as defensive and stable in such circumstances, tend to be sought out by investors in times like these.

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