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Kenanga Research raises target price on Scientex

KUALA LUMPUR: Kenanga Research maintained its Outperform call but raised its target price on Scientex Bhd to RM7.40 from RM6.40 on increased property sector valuations in tandem with peers.

Affin Hwang Capital reaffirms Buy call on Public Bank

KUALA LUMPUR: Affin Hwang Capital Research reaffirmed its Buy call and RM26.30 target price on Public Bank Bhd and expects a fund-based income growth of 10% year-on-year (y-o-y) for 2018.

TPA may have Neutral impact on PetGas

KUALA LUMPUR: Kenanga Research maintained its Outperform call on Petronas Gas Bhd as it expects the upcoming Third Party Access (TPA) framework to have a neutral impact to the group as it does not impact the public, directly given that it deals only with businesses.

Stronger 2H seen for Press Metal Aluminium

KUALA LUMPUR: Press Metal Aluminium Holdings Bhd is expected to record a stronger second half (2H) on the back of a stronger US dollar against the ringgit, lower carbon anode prices and a better product mix, said Kenanga Research.

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