Trading ideas: CIMB, Hong Leong Bank, PPB, IHH, Capital A, Guan Chong, Ekovest, Takaful and Leong Hup


KUALA LUMPUR: Stocks in focus on Thursday include CIMB, Hong Leong Bank, PPB, IHH, Capital A, Guan Chong, Ekovest, Takaful and Leong Hup, said Apex Research.

CIMB Group Holdings Bhd’s 1Q23 net profit grew 15.27% to RM1.64 billion.

Hong Leong Bank Bhd’s 3QFY23 net profit rose 18.5% to RM929.96 million.

PPB Group Bhd's 1Q23 net profit jumped 24.53% to RM377.54 million.

IHH Healthcare Bhd posted a net profit of RM1.39 billion in 1Q23 thanks to disposal gain.

Capital A Bhd posted its second straight quarterly net profit of RM57.1 million in 1Q23.

Guan Chong Bhd's 1Q23 net profit fell 55.4% to RM23.76 million.

Ekovest Bhd’s net loss doubled to RM15.86 million in 3QFY23.

Syarikat Takaful Malaysia Keluarga Bhd's 1Q23 net profit rose 21.13% to RM93.44 million.

Leong Hup International Bhd’s 1Q23 net profit rose 8.67% to RM22.14 million.

Meanwhie, the US market declined overnight ahead of the final vote to raise the debt ceiling deal.

Earlier, European markets declined as US lawmakers prepare to vote ahead of the US debt ceiling deadline.

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

Next In Business News

Khazanah chief defends government’s hand in business
Ringgit opens easier as US$ sustains uptrend
Bursa records net foreign outflow of RM44.7mil
Bursa attempts rebound from end-Sept slide
Trading ideas: Aurelius, Jentayu, MMAG, Itmax, Marine & General and Yinson
Once unthinkable bond yields now the new normal
Loan growth to closely track GDP
Italy plans to undertake US$22bil asset sell-off
Ivory Coast raises cocoa price by 11%
Ethereum becoming increasingly concentrated

Others Also Read