Indonesia's consumer sector appears to be a tactical safe haven, UOB Kay Hian analysts say in a note. As there are rising policy intervention risks for other sectors including commodities, the consumer industry looks more attractive now. The sector's valuations have also been sharply de-rated, mostly pricing in negatives from macro headwinds such as a weaker rupiah and fiscal risks. UOB KH maintains a market weight rating on Indonesia's consumer sector, pegging Cisarua Mountain Dairy, Japfa Comfeed Indonesia, Mayora Indah and Sumber Alfaria Trijaya as its top picks. ([email protected])
Indonesia Consumer Sector Appears to Be Safe Haven — Market Talk
PT Cisarua Mountain Dairy Tbk on 6ix
Earlier from PT Cisarua Mountain Dairy
- Cisarua Mountain Dairy's Growth Momentum Seen Continuing — Market Talk
- Monthly Report of Securities Holders Registration (CORRECTION)
- Indonesia Dairy Demand Boost Has Legs Beyond Policy — Market Talk
- Infomation of Changes in Company's Board
- Report of ownership or any changes in share ownership of public companies
Later from PT Cisarua Mountain Dairy
- Submission of Affiliate/Conflict of Interest Transaction Information
- Report of Use of Fund from The Public Offering
- Submission of Financial Report
- Monthly Report of Securities Holders Registration
- Distribution of interim dividend
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