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Investment opportunities in small-cap stocks

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The small-cap space on Bursa Malaysia could present some investment opportunities on expectations that US interest rates could peak sometime this year.

RHB Research, in its recent Small Cap Corporate Access 2023 event, points out that valuations for these rate-sensitive growth names mainly in the small-cap space appear to have bottomed out.

QES is looking to further penetrate the China market and aiming to at least double its contribution from this geographical market to more than 10% of its revenue, it said. The momentum in this recovery is offsetting the drop in BPO contracts from its eCommerce customers, it noted.

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