KUALA LUMPUR (Nov 11): Public Bank Bhd, Genting Group and Malaysia Airports Holdings Bhd (MAHB) are CGS-CIMB Securities Sdn Bhd’s picks for the Covid-19 pandemic recovery theme after Pfizer and BioNTech announced encouraging Covid-19 vaccine trial results.

CGS-CIMB analysts Ivy Ng Lee Fang and Nagulan Ravi wrote in a note today that encouraging Covid-19 vaccine trial results could lead investors to switch out from Covid-19 beneficiary stocks to Covid-19 recovery plays on potentially higher share price upside potential.

More to come