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MQ Market Updates - 06 May 2024 

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2024-05-06 17:19:33
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MQ Market Updates - 06 May 2024 

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Integrated logistics service provider Sin-Kung Logistics Bhd’s initial public offering (IPO) for the public portion has been oversubscribed by 26.5 times. (TheStar)

YTL Corp Bhd and subsidiary YTL Power International Bhd have shot up to the top 15 list of the FTSE Bursa Malaysia KLCI (FBM KLCI) constituents since their inclusion last December. (NST)

Fraser & Neave Holdings Bhd (F&N) shares surged to their highest in five years on Monday, as better-than-expected results buoyed investors' optimism, while analysts maintained their calls following a briefing. (TheEdge)

Padiberas Nasional Bhd (Bernas) has kicked off large-scale smart padi field (Smart SBB) ala Sekinchan programme in Langkawi, Kedah for glutinous rice cultivation. (NST)

The positive global outlook for the tin market, coupled with the deployment of strategic initiatives, is set to fuel tin miner and tin metal producer Malaysia Smelting Corp Bhd’s (MSC) earnings for its financial year 2024 (FY24). (TheStar)

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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