0318 GMT - The Malaysian oil and gas sector-related exposure should continue to attract investors as Middle East disruptions are expected to persist through year-end, Kenanga Investment Bank analyst Peter Kong and his team say in a note. While higher interest rates, partly driven by higher energy prices, may weigh on technology and other rate-sensitive sectors, oil and gas-related stocks could benefit from Middle East disruptions. Shipping company MISC is Kenanga's preferred stock.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.