Kenanga

Kenanga Research expects Malaysia's utility-scale solar activity to gradually pick up in the second quarter, supported by moderating solar module prices.

Kenanga Research has on Friday downgraded Malaysia’s technology sector rating to neutral from overweight as external risks have intensified, particularly from global memory tightness, supply-chain fragility and persistent cost pressure across the value chain.

Malaysia's domestic logistics sector fared better amid Middle East tensions as the country is a beneficiary of booming e-commerce and trade diversion on US-China trade tensions, Kenanga Research said Thursday.

Kenanga Research said Tuesday that the global datacom market boom will spur Malaysia's technology space.

Kenanga Research has foreseen Malaysia's technology up-cycle to remain intact in the first quarter of next year, supported by a still expanding global semiconductor up-cycle and a resilient front-end capex outlook, which should continue to favor Malaysia’s front-end beneficiaries.

With Corporate Renewable Energy Supply Scheme (CRESS) turning more attractive and the new tariff providing upside, Kenanga Research expects stronger renewable energy (RE) contract flows in Malaysia over the medium term.

Against a backdrop of resilient semiconductor momentum, accelerating artificial intelligence (AI)/ high-performance computing (HPC)-driven capital expenditure (capex), firmer autos, and contained tariff risk, Kenanga Research has turned positive on Malaysia's technology sector and foreseen the firms are well placed to ride the global recovery.

Malaysia’s tokenized asset market could reach $43 billion by 2030, spanning regulated products such as unit trusts, bonds and sukuk, a whitepaper showed Wednesday.

Kenanga Research has foreseen compelling growth opportunities for Malaysian telcos, driven by the rapid expansion of digital infrastructure across ASEAN.

Analysts have foreseen strong momentum ahead for Malaysia's renewable energy sector, anchored by strong policy pipeline.