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.
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