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MQ Market Updates - 30 April 2024 

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2024-04-30 18:08:05
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MQ Market Updates - 30 April 2024 

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Bursa Malaysia Bhd's net profit rose 33.6 per cent to RM75.03 million in the first quarter ended March 31, 2024 (1Q 2024) from RM56.17 million in 1Q 2023. (NST)

Integrated circuit (IC) design service provider Oppstar Bhd is collaborating with South Korea’s tech giant Samsung Electronics Co Ltd for the production of industrial ICs manufactured using Samsung’s 14 nanometre (nm) FinFET technology foundry process. (TheEdge)

The tighter global crude palm oil (CPO) supply resulting from the ongoing El Nino dry weather in Malaysia is expected to support the CPO prices, said MKH Oil Palm (East Kalimantan) Bhd (MKHOP). (TheStar)

Sime Darby Plantation Bhd (SD Plantation), the world’s largest palm oil producer by acreage, has proposed to change its name to SD Guthrie Bhd. (TheStar)

The world's fourth largest automotive LED maker D&O Green Technologies Bhd is expected to benefit from China's new automotive policy to encourage a shift to greener new energy vehicles (NEV). (NST)

Source: NST, TheEdge, TheStar

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Disclaimer: This information does not represent a BUY or SELL recommendation on the stock covered. Traders and Investors are encouraged to do their own analysis on stocks instead of blindly following any Trading calls raised by various parties on the Internet

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