KUALA LUMPUR: Stocks to watch for on Tuesday iclude TNB, PETRONAS Chemicals, AMMB, Allianz, Mah Sing, BAT, Tropicana, IJM, DNeX, KLCCP Stapled Group, IGB, D&O and Hengyuan Refining
, said Apex Research.
Tenaga Nasional Bhd’s (TNB) 1Q23 net profit grew 12.23% YoY to RM1.002 billion.
Petronas Chemicals Group Bhd's (PetChem)’s 1Q23 net profit plunged 74.37% YoY to RM532 million.
AMMB Holdings Bhd’s 4QFY23 net profit rose 9.23% to RM427.91 million.
Allianz Malaysia Bhd’s 1Q23 net profit increased 14.8% YoY to RM172.7 million.
Mah Sing Group Bhd's 1Q23 net profit rose 15.9% YoY to RM50.06 million.
British American Tobacco (Malaysia) Bhd’s 1Q23 net profit declined 23% YoY to RM40.32 million.
Tropicana Corp Bhd’s 1Q23 net loss narrowed by 84.33% YoY to RM5.23 million.
IJM Corp Bhd's 4QFY23 net profit surged more than 15 times YoY to RM23.05 million.
Dagang Nexchange Bhd (DNeX) posted a net loss of RM239.77 million in 3QFY23.
KLCCP Stapled Group Bhd’s 1Q23 net profit expanded 11.85% YoY to RM180.56 million.
IGB Bhd's 1Q23 net profit climbed 31.24% YoY to RM56.07 million.
D&O Green Technologies Bhd's 1Q23 net profit tumbled 97.17% to RM863,000.
Hengyuan Refining Co Bhd posted a third quarterly loss of RM120.54 million in 1Q23.
The US market was closed for Memorial Day holiday but US stock futures rose overnight after politicians agreed to raise the US debt ceiling before the 1st June deadline.
Earlier, European markets were mixed after the US debt ceiling agreement while the UK stock exchange was closed for a bank holiday.
