For December, with both China and Thailand easing monetary conditions and 6 Central Banks in OECD countries coming together to boost liquidity, it appears that governments worldwide want to tackle global economic woes with a united front.
As such, there could be a modest year-end rally in December, both globally and in Malaysia. OSK advocate a little short-term risk-taking while maintaining their medium-term conservative stance.
The table below is the target price for OSK’s December 2011 top picks.
|Stocks||Price (RM)||Target price (RM)||Market Cap (RM million)||Rating|
Source : OSK Research