Trading ideas: Paramount, UMW, WZ Satu, Malayan Cement


KUALA LUMPUR: Stocks with news flow that may see investor attention on Friday incude Paramount, UMW, WZ Satu, Malayan Cement, Fajar Bary, LPI Capital , UEM Edgenta and Ahmad Zaki, said JF Apex Research in its daily highlights.

Paramount’s wholly-owned Magna Intelligent Sdn Bhd is investing in a peer-to-peer (P2P) financing platform by acquiring a 30% stake in Omegaxis Sdn Bhd for RM13.7mil, which the group sees as its entry point into the fintech sector.

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