MQ Market Updates - 25 June 2024

2024-06-25 18:10:34

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AirAsia has once again been named the world's best low-cost airline at the Skytrax World Airline Awards 2024, often called the Oscars of the aviation industry, marking its 15th consecutive win. (NST)

Dagang NeXchange Bhd's (DNeX) wholly-owned subsidiary Dagang Net Technologies Sdn Bhd has completed the implementation of Saudi Arabia's Makkah Route initiative across six airports in three countries. (NST)

Malaysia Airports Holdings Bhd (MAHB) saw robust passenger traffic growth in May 2024, with a total of 11.2 million passengers across its 39 airports in the country and an international airport in Turkiye. (TheStar)

Property developer Avaland Bhd (KL:AVALAND) (formerly MCT Bhd) has lodged an RM1 billion Islamic Medium-Term Notes Programme with the Securities Commission Malaysia. (TheEdge)

Capital A Bhd (KL:CAPITALA) expects to see an improved financial performance for the upcoming second quarter, and the second half of 2024 (2H2024), for AirAsia in view of improving demand for travel, with the carrier bringing back over 250 planes into operation. (TheEdge)

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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