KUALA LUMPUR: Stocks in focus on Tuesday include Pos Malaysia, Dnex, MBMR, MRCB, Tropicana, Lii Hen, YKGI, Computer Forms and Yinson
, said Apex Research.
Pos Malaysia Bhd said it narrowed its net loss to RM98.42 million for 4Q22.
Dagang Nexchange Bhd’s (DNex) net profit for 2QFY2023 dropped 27.3% YoY to RM31.88 million.
MBM Resources Bhd’s net profit for 4Q22 declined 49% YoY to RM57.41 million.
MRCB’s net profit for 4Q22 came in sharply lower at RM13.02 million.
Tropicana sold 2.65 million Chin Hin shares to its chairman Danny Tan for RM12.5 million.
Lii Hen Industries Bhd’s net profit for 4Q22 increased 33.7% YoY to RM16.87 million.
YKGI bags RM271.6 mil contract to build affordable homes in Sarawak.
WCE shareholders give nod for disposal of 40% stake in Radiant Pillar for RM494m.
Computer Forms (Malaysia) Bhd's net profit dropped 72.8% YoY to RM74,000 for its 3QFY22.
Yinson Holdings Bhd has secured another extension of its contract for the Agogo Integrated West Hub development project in Angola.
MCT is buying a 1.57-acre land in Seputeh for residential project for RM58 million.
Meanwhile, Apex said the FBM KLCI could take a breather and consolidate above the support of 1,464 points.
The US market was closed overnight was ended last Friday's session with a mixed result as investors awaited the release of the Federal Reserve's meeting minutes to gauge further rate hikes.
European stocks declined amid uncertainties over inflation and interest rates.
