MQ Market Updates - 26 July 2024

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2024-07-26 17:50:47

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Short selling in Cape EMS Bhd's shares were suspended until next Monday after its share price plunged to 69 sen a piece, its lowest since listing in March 2023. (NST)

Dagang Nexchange Bhd (Dnex) said Ping Petroleum Sdn Bhd, a unit of its energy fivision, has secured an award from Petroliam Nasional Bhd (PETRONAS) in relation to a small field asset cluster production sharing contract, which consists of the Bubu, Bunga Tasbih and Enau fields. (TheStar)

99 Speed Mart Retail Holdings Bhd has signed a retail underwriting agreement with three investment banks in conjunction with its upcoming initial public offering (IPO) on the Main Market of Bursa Malaysia. (NST)

Nestle Malaysia Bhd's share price fell to a three month low as analysts said that boycott sentiment and cost pressures will continue to put a strain on its earnings. (NST)

Datasonic Group Bhd (KL:DSONIC) has secured a RM30 million contract to supply smart cards to Perum Percetakan Negara Republik Indonesia (PNRI), a unit of the Indonesian Ministry of State-Owned Enterprises. (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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