MQ Market Updates - 15 May 2024
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Dialog Group Bhd’s earnings are projected to remain on an upward trajectory, underpinned by easing cost pressures and margin improvement. (TheStar)
AMMB Holdings Bhd (KL:AMBANK), Malaysia’s sixth-largest banking group by assets, is expected to report a 9.8% growth in net profit when it releases its fourth-quarter results this month, RHB Investment Bank said. (TheEdge)
Sin-Kung Logistics Bhd made its debut on the ACE Market of Bursa Malaysia this morning flat at 13 sen. (NST)
RHB Retail Research said Ahmad Zaki Resources Bhd (KL:AZRB) is eyeing a technical breakout after testing the 25 sen level for the past week, while remaining above the ascending 21-day simple moving average (SMA) line. (TheEdge)
Analysts say Heineken Malaysia Bhd's sales volume in the coming quarter could be impacted by the absence of pre-price hike boosts that drove demand higher in 1QFY24. (TheStar)
Source: NST, TheEdge, TheStar
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