0200 GMT - Malaysia's utilities sector is expected to get more supporting 2H from investment in new power plants, electricity grid upgrades and gas infrastructure, TA Securities analyst Hafriz Hezry says in a note. Rising electricity demand, the energy transition and efforts to diversify fuel sources following the Iran conflict are expected to drive spending across the sector, he says. Data-center expansion, including potential investment redirected from the Middle East, could provide an additional boost to power demand, he adds. TA Securities maintains an overweight rating on the Malaysian utilities sector, pegging Tenaga Nasional, Samaiden and Malakoff as top picks.(yingxian.wong@wsj.com)
(END) Dow Jones Newswires
July 14, 2026 22:00 ET (02:00 GMT)
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