Relaxation of MCO, vaccination positive for market

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“The start of the Covid-19 vaccination drive is also positive as this could help reduce the risk of new infections over time,' said CGS-CIMB Equities Research.

“The start of the Covid-19 vaccination drive is also positive as this could help reduce the risk of new infections over time.

The government earlier indicated it expects 2.7 million doses of the Pfizer vaccines to arrive in 1H21. The research house said it has an add also for Telekom Malaysia, TP RM6.80. Telekom is its top Malaysia telco pick due to its robust FY21F/22F/23F core EPS growth , driven by higher Internet and data services revenue, pluscost containment.

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