Trading ideas: Genting, MAHB and YKGI


KUALA LUMPUR: Stocks to watch for on Monday include Genting, MAHB and YKGI, according to JF Apex Research.

Genting is in the spotlight following the government's budget announcement that it will raise gaming taxes. 

Meanwhile, MAHB is also on investors' radar screen after the government proposed the world's first airport Real Estate Investment Trust(REIT to raise funds for future airport upgrades and expansion.

Lastly, YKGI has sold two coated oil businesses for RM125mil.

US markets closed lower last Friday as investors tracked the conflicting news on US-China trade discussion. 

The Dow Jones Industrial Average dropped 0.4% to 25,270.83, the S&P500 slipped 0.6% to 2,723.06 and the Nasdaq Composite fell 1% to 7,356.99.

European markets, however, rose on hopes of a US-China trade agreement.

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