KUALA LUMPUR: Investors could be paying closet attention to stocks with recent corporate announcements including Hartalega
, Heineken, MR DIY, F&N, Sime Darby, Sime Darby plantations, SCIB and Citaglobal, said Apex Research.
The research firm noted in its daily report that Hartalega Holdings Bhd said net profit for 2QFY23 plummeted 96.9% YoY to RM28.3 million.
Heineken Malaysia Bhd's net profit for 3QFY22 doubled YoY to RM108.74 million.
MR DIY Group (M) Bhd’s net profit for 3QFY22 rose 12% YoY to RM101.18 million.
Fraser & Neave Holdings Bhd’s (F&N) net profit recorded a 68.49% YoY jump to RM98.89 million in 4QFY22.
Sime Darby Bhd (SDB) has completed the sale of the Weifang Port companies in China for about RM1.27 billion.
Sime Darby Plantation Bhd’s downstream arm Sime Darby Oils (SDO) is investing over US$150 million (RM711.18 million) for the construction of a new specialty oils and fats refinery in Sumatera.
Sarawak Consolidated Industries Bhd (SCIB) said its external auditor has expressed a qualified opinion on the group’s financial statement.
Citaglobal's new major shareholders make takeover offer for remaining shares.
Meanwhile, Apex said the FBM KLCI could remain buoyed with an eye on the resistance of 1,462 points.
The US market rose for a third straight day as investors waited for results of the midterm elections.
Apex noted that historically, US stocks tend to rise after midterm elections and the policy clarity it brings.
Similarly, European stocks climbed as investors look forward to tomorrow's US CPI data to gauge further interest rate hike.
