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Trading ideas: Affin Hwang, Petronas Chemicals, PMB Technology, Keck Seng, Bintulu Port Holdings, Formosa Prosonic Industries, Paramount Corp
2022-05-30 00:00:00.0     星报-商业     原网页

       

       KUALA LUMPUR: Stocks that could be the focus of investor attention on Monday include Affin Hwang, Petronas Chemicals, PMB Technology, Keck Seng, Bintulu Port Holdings, Formosa Prosonic Industries, Paramount Corp, Hap Seng Consolidated, Boustead Holdings, Kretam Holdings, Chin Well Holdings, Dagang Nexchange, Ahmad Zaki Resources, Bintai Kinden Corp, British American Tobacco (Malaysia) Bhd, Malayan Flour Mills, MSM Malaysia Holdings, Pestech International, Cypark Resources and Axiata.

       Companies that reported improved quarterly earnings included Affin Bank Bhd, Petronas Chemicals Group Bhd, PMB Technology Bhd, Keck Seng (Malaysia) Bhd, Bintulu Port Holdings Bhd, Formosa Prosonic Industries Bhd, Paramount Corp Bhd, Hap Seng Consolidated Bhd, Boustead Holdings Bhd, Kretam Holdings Bhd, Chin Well Holdings Bhd, Dagang NeXchange Bhd, Ahmad Zaki Resources Bhd, and Bintai Kinden Corp Bhd.

       On the flip side, companies that saw earnings decline were British American Tobacco (Malaysia) Bhd, Malayan Flour Mills Bhd, MSM Malaysia Holdings Bhd, and Pestech International Bhd.

       Cypark Resources Bhd chairman Tan Sri Razali Ismail ceased to be a substantial shareholder of the company, following the disposal of 7.26 million shares or a 1.22% equity stake.

       Axiata Group Bhd’s president and group chief executive officer (CEO) Datuk Izzaddin Idris will step down from his role on May 31.

       Meanwhile, JF Apex said the FBM KLCI could extend its rebound towards the resistance of 1,565 points following the positive performance on Wall Street.

       The US market rallied on Friday to extend its rebound amid corporate earnings announcements.

       Similarly, European stocks advanced as investors reacted positively to the UK's announcement of fiscal stimulus.

       


标签:综合
关键词: earnings     Paramount Corp     Keck Seng     Bintulu Port Holdings     Malaysia     Affin Hwang     Resources     Axiata     Petronas Chemicals    
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