Share price gains for the Malaysian automotive sector have been decent in 2022 with most stocks showing gains led by Bermaz Auto which was up 35%. This is on the back of strong TIV sales for 11M22 which rose 45% yoy to 642,306 units underpinned by healthy backlog orders received prior to the sales and service tax (SST) holiday expiry on 30 June 2022. However, with a looming global recession and higher interest rates moving in 2023 coupled with the expiry of the SST holiday, how will the sector perform in 2023? For insights, we speak to Jim Lim Equity Analyst at RHB Investment Bank.



Image credit: Shutterstock

Share price gains for the Malaysian automotive sector have been decent in 2022 with most stocks showing gains led by Bermaz Auto which was up 35%. This is on the back of strong TIV sales for 11M22 which rose 45% yoy to 642,306 units underpinned by healthy backlog orders received prior to the sales and service tax (SST) holiday expiry on 30 June 2022. However, with a looming global recession and higher interest rates moving in 2023 coupled with the expiry of the SST holiday, how will the sector perform in 2023? For insights, we speak to Jim Lim Equity Analyst at RHB Investment Bank.Image credit: Shutterstock

Dovish or hawkish? Over or underweight? Bull or Bear? Investor paralysis? We speak to leading local and foreign analyst to find out how the different asset classes and markets will react to the latest news, results and even geopolitical events.

Dovish or hawkish? Over or underweight? Bull or Bear? Investor paralysis? We speak to leading local and foreign analyst to find out how the different asset classes and markets will react to the latest news, results and even geopolitical events.

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