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Trading ideas: LKL International, PIE Industrial, Evergreen Fibreboard
KUALA LUMPUR: Stocks with news flow that are expected to see active trading on Tuesday include LKL International, PIE Industrial, Evergreen Fibreboard, Tan Chong Motor Holdings, AirAsia Group, Deleum and Ranhill Utilities, said JF Apex Research.
E&O takeover offer at 3% premium deemed fair
PETALING JAYA: The takeover offer of property developer Eastern & Oriental Bhd (E&O) by one of its directors at a 3% premium is deemed to be a fair deal.
Touch 'n Go removes parking surcharge from 94% locations nationwide
KUALA LUMPUR: Touch ‘n Go Sdn Bhd has removed the parking surcharge in 94% of its sites across the country.
Revival of mega infrastructure projects to benefit Gamuda
The announcement by Gamuda Bhd that it plans to start the first reclamation works for the ambitious Penang South Islands (PSI) project will see more jobs under the Penang transport master plan (PTMP) coming on stream.
Digi, Petronas Gas, GentingM nudge KLCI above key 1,600
Digi, Petronas Gas and GentingM helped the FBM KLCI to end above the crucial 1,600 level on Friday as investors sentiment perked up following the improved key Asian markets.
Bursa sees subdued trading interest
KUALA LUMPUR: The growing tensions between the US and China kept interest in risky assets subdued, leading to cautious trading on Bursa Malaysia.
Better structure for Gamuda in Penang reclamation works, says Kenanga
KUALA LUMPUR: There are more positives than negatives for Gamuda Bhd in taking on the role of both developer and contractor in the reclamation works of Island A.
Trading ideas: Gamuda, Spritzer, Aneka, MAA, Yinson
Gamuda Bhd, Spritzer Bhd, Aneka Jaringan Holdings Bhd, MAA Group Bhd, Green Packet Bhd and Yinson Holdings Bhd are among the stocks to watch on Friday, TA Securities Research said.
