KUALA LUMPUR (Oct 19): UOB Kay Hian sees some trading opportunities tied to speculation surrounding the upcoming 15th general election (GE15). However, the foreign research firm advises investors to stick to fundamentally sound and liquid stocks. UOB Kay Hian's top picks are large-capitalisation stocks such as government-linked banks CIMB Group Holdings Bhd, Malayan Banking Bhd and RHB Bank Bhd. They include Bermaz Auto Bhd, Hap Seng Plantations Holdings Bhd, Kim Loong Resources Bhd, Malakoff Corp Bhd, Matrix Concepts Holdings Bhd and Sunway Real Estate Investment Trust. The Parliament was dissolved on Oct 10, raising speculation that GE15 could be held on Nov 22.

Source: The Edge Markets October 19, 2022 19:52 UTC