Trading ideas: Sunway Bhd, Genting Malaysia, Kerjaya Prospek Group, Petron Malaysia Refining & Marketing, IHH Healthcare, KPJ Healthcare, and YTL Corp


KUALA LUMPUR: Investors could have their sights on companies with recent corporate announcements after a slew of earnings results were released this week., according to JF Apex Research.

Among stocks to watch are companies that saw improved quarterly results such as Sunway Bhd, Genting Malaysia Bhd, Kerjaya Prospek Group Bhd, Petron Malaysia Refining & Marketing Bhd, IHH Healthcare Bhd, KPJ Healthcare Bhd, and YTL Corp Bhd.

Petronas Dagangan Bhd, Genting Bhd, Malaysia Building Society Bhd, MISC Bhd, Malayan Banking Bhd, DRB-Hicom Bhd, and AME Elite Consortium Bhd posted declines in their quarterly earnings.

Meanwhile, Optimax Holdings Berhad is transferring its listing to the Main Market of Bursa Securities from the ACE Market.

Mega First Corp Bhd is buying a 28.83% stake in Integrated Smart Technology Sdn Bhd (IST) for RM5.56mil.

Meanwhile, JF Apex said the FBM KLI could follow suit and climb towards the resistance of 1,565 points.

The US market rallied overnight following better-than-expected quarterly earnings.

Earlier, European stocks advanced after the UK announced new fiscal stimulus measures.

Article type: metered
User Type: anonymous web
User Status:
Campaign ID: 1
Cxense type: free
User access status: 0
Subscribe now to our Premium Plan for an ad-free and unlimited reading experience!
   

Next In Business News

CPO futures likely to trade in yo-yo mode next week
Maybe Apple’s weakness isn’t just supply chain woes
Good news for the global economy
BP, Chubu Power to study CCS project at Nagoya
Short Position: Private equity exits, Managing cyber threats, Don’t kick the can down the road
Bonds surge as traders call time on hikes
Central banks continue fight against inflation
Defining market manipulation
Lee Chun Fai redesignated as IJM CEO and MD
Oil set for weekly loss

Others Also Read