KUALA LUMPUR: Stock with new corporate announcements that could see amplified investing motion contain Nation Heights, Malaysia Smelting Corp, LBS Bina Team, Sunway REIT, Cahya Mata Sarawak, Signature International, Fiamma, MPHB Money, Serba Dinamik, EA Procedure and Zelan, claimed JF Apex Research.
Malaysia Smelting Corp Bhd’s (MSC) net income for 1Q22 surged pretty much 3-fold or 190.86% YoY increased to RM64.34mil.
MPHB Funds Bhd has agreed to market its 51% fairness desire in MPI Generali Insurans Bhd for RM485mil, four subsidiaries of Serba Dinamik Holdings Bhd are in search of a restraining order and go away to convene a creditors’ assembly.
PN17 firm EA System (M) Bhd’s exterior auditor has expressed a disclaimer of view in its audited economic statements for FY21.
In the meantime, JF Apex said the FBM KLCI could retrace in direction of the assist of 1,540 factors next the bearish sentiment on Wall Road.
The US market place plunged right away with the Dow putting up its worst solitary day general performance given that 2020 amid company earnings.
Similarly, European stocks tumbled right after United kingdom inflation strike the best in 40 decades.