Trading ideas: Bermaz Auto, Scientex Packaging (Ayer Keroh), Perdana Petroleum, Volcano and SP Setia

KUALA LUMPUR: Stocks with trading interest include Bermaz Auto, Scientex Packaging (Ayer Keroh), Perdana Petroleum, Volcano and SP Setia, said Apex Research.

Bermaz Auto Bhd’s 3QFY23 net profit jumped 114.09% YoY to RM87.29 million.

Scientex Packaging (Ayer Keroh) Bhd saw its 2QFY23 net profit rise 14% YoY to RM13.38 million.

Perdana Petroleum Bhd has secured three charter contracts from its major shareholder Dayang Enterprise Holdings Bhd worth RM18.3 million.

Volcano Bhd has been issued an unusual market activity (UMA) query after its shares spiked over 23%.

Revenue Group Bhd announced the appointment of five new directors to its board.

S P Setia Bhd announced its final dividend of 1.47 sen per share for financial year ended December 31, 2022, payable on April 20.

Meanwhile, Apex said the FBM KLCI could hover above the support of 1,418 points following the mixed performance on Wall Street.

The US market was mixed overnight with the Dow and S&P posting slight losses while the Nasdaq climbed as investors look forward to today’s CPI data.

Earlier, European stocks tumbled following losses in banking stocks despite HSBC buying Silicon Valley Bank’s UK operations.

Subscribe now to our Premium Plan for an ad-free and unlimited reading experience!

Next In Business News

Ramssol Group appoints Abdul Harith Abdullah as chairman effective today
Wall St set for subdued open as mixed data fuels Fed policy uncertainty
KPJ Healthcare appoints Mohamad Farid Salim as COO
BR Capital gets SC's approval-in-principle to operate debt fundraising platform
UEM Sunrise buys Kelana Jaya land from EPF to develop RM1.1bil GDV project
Concerns over China's economy weigh on ringgit at close
HSS Engineers gets RM8.9mil engineering design and consultation contract
SkyWorld inks underwriting agreement with Kenanga Investment
JCorp's net profit surges to RM808mil in FY22
SC, Bursa roll out mandatory sustainability onboarding programme for PLC directors

Others Also Read