Trading ideas: KNM, Karex, UEM Edgenta, Daibochi


KUALA LUMPUR:  KNM, Karex, UEM Edgenta and Daibochi are among the stocks which could see trading interest on Monday after the release of their results, says JF Apex Research.

It said the companies saw their quarterly profits decline on-year.

However, Cahya Mata Sarawak, Kim Hin, Perisai, Vitrox, Power Root, Heveaboard, Dominant, Kawan Food, EG Industries, Ekovest and Titijaya saw an improvement in corporate earnings.

Last Friday, US markets took a breather from its recent rally as investors await for President Donald Trump's speech to Congress next week. 

European stocks were negative following a decline in commodities and disappointing corporate earnings.
 
At Bursa Malaysia, the FBM KLCI tumbled 6.13 points to close at 1,698.35. 

“Following the mixed performance in the US and Europe, the KLCI could remain pressured as investors take profit from the recent rally,” it said.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Business News

OCK proposed RM500mil ICP programme
Profit-taking in the market, KLCI down 0.14%
EPF balancing between retirement mandate and supporting members' economic survival
Asian stocks hit by US tech slide, FX subdued
CelcomDigi emphasises its significant role in protecting customers from AI-related risks
China's largest auto show showcases all-electric future, local brands dominate
Unilever beats first quarter sales forecasts, sticks to 2024 outlook
Oil steady as market weighs US demand concerns, Middle East conflict risks
HeiTech Padu targets stronger earnings growth after returning to black in 2023
PBOC may up bond trading

Others Also Read