Trading ideas: MR DIY Group, Pharmaniaga, Caely Holdings, Malaysian Bulk Carriers, Iskandar Waterfront City and Fitters Diversified

KUALA LUMPUR: Stocks that could be on investors' radar screen on Tuesday include MR DIY Group, Pharmaniaga, Caely Holdings, Malaysian Bulk Carriers, Iskandar Waterfront City and Fitters Diversified, said JF Apex Research.

Inari 3Q net profit rises 10% to RM90.5mil, declares 2.2 sen dividend

KUALA LUMPUR: Inari Amertron Bhd’s net profit rose 10.4% to RM90.47mil in the third quarter ended March 31 from RM81.95mil a year ago mainly due to higher revenue growth.

Chip sector to gain from rising global demand

Stong global demand to ignite semiconductor sector

MALAYSIAN technology players that are exposed to the global supply chain are poised to continue to benefit from the sustained global semiconductor uptrend.

Bursa rally continues while tech stocks pare gains

KUALA LUMPUR: Heavyweights on Bursa Malaysia continued to push higher amid a returning investor interest although the overnight sell-off on the Nasdaq sent technology stocks lower.

Foreign investors turn net sellers again

PETALING JAYA: Foreign investors have turned net sellers for the first time after nine consecutive weeks of net buying.

Bursa remains under pressure on rate hike fears

KUALA LUMPUR: The domestic market was not spared the negative sentiment that hit US markets overnight, extending the decline that began yesterday on fears that aggressive US interest rate hikes could dampen economic growth.

Semiconductor earnings to remain stable

PETALING JAYA: Malaysian semiconductor companies’ margins in 2022 are expected to remain fairly stable despite the rising cost environment, as the structural shift towards a higher margin portfolio and advanced packages will help to alleviate inflationary cost pressures, according to CGS-CIMB Research.

Chip cycle to extend on demand

PETALING JAYA: The current semiconductor cycle, which has continued for more than two years, may not peak anytime soon.

Heavyweights help push FBM KLCI above 1,600 points

KUALA LUMPUR: The FBM KLCI staged a rebound on Wednesday to close at its highest in a month, as investors collected oversold stocks following the recent selldown.