Which sectors might offer refuge from US tariff impacts?

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Sectors Potentially Less Affected by US Tariffs

Investors may consider focusing on sectors that are less susceptible to the impact of reciprocal US tariffs. These include utilities, as well as consumer products and services. Additionally, the upcoming initial public offering of Cuckoo International (MAL) Bhd presents an opportunity, given its strong national brand presence and ongoing efforts to expand its product offerings.
Utilities and Consumer Goods as Potential Havens

Malacca Securities Sdn Bhd has suggested that investors might redirect their attention towards sectors that are anticipated to be less affected by the reciprocal US tariffs. The utilities sector, along with the consumer products and services industry, are identified as areas that could offer a degree of insulation from these trade measures. This strategic shift reflects a cautious approach to market volatility stemming from international trade policies.
Cuckoo International IPO as an Investment Consideration

The upcoming initial public offering of Cuckoo International (MAL) Bhd is also highlighted as a potential investment avenue. The company possesses a well-established brand across Malaysia and is actively working on broadening its product portfolio. This expansion is aimed at securing a more substantial share of the Malaysian market, positioning it as an attractive prospect for investors seeking alternatives.
Market Performance and Sector Movements

On the day of reporting, Bursa Malaysia experienced mixed trading conditions. While the FTSE Bursa Malaysia KLCI saw a slight increase, the broader market showed more decliners than gainers. Sector-specific movements indicated varied performance, with the Financial Services Index gaining points, while the Industrial Products and Services Index and the Energy Index saw minor declines. The Plantation Index, however, widened.

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Which sectors might offer refuge from US tariff impacts?

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