Trading ideas: Matrix Concepts, Ahmad Zaki, Ranhill, Heineken, D&O, IOI

KUALA LUMPUR: Matrix Concepts Holdings Bhd, Ahmad Zaki Resources Bhd, Ranhill Holdings Bhd, Heineken Malaysia Bhd, D&O Green Technologies Bhd and IOI Corp Bhd are among the stocks to watch on Thursday, according to JF Apex Research.

Matrix Concepts posted a 31% year-on-year fall in its 3QFY19 net profit as its product mix during the quarter comprised more affordably-priced residential units compared to that which had a significant contribution from industrial properties that fetched better margins last year.