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MQ Market Updates - 29 July 2024 

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2024-07-29 18:12:10
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MQ Market Updates - 29 July 2024 

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Shares of Homeritz Corp Bhd (KL:HOMERIZ) rose to their highest in six weeks as investors cheered the furniture manufacturer's better-than-expected third quarter results though analysts remained cautious. (TheEdge)

Datasonic Group Bhd (Datasonic), through its subsidiary PT Datasonic Teknologi Indonesia (DTI), has secured a three-year, RM30 million smart card supply contract with Perum Percetakan Negara Republik Indonesia (PNRI). (TheStar)

Shares of Dagang NeXchange Bhd (DNeX)(KL:DNEX) rose on Monday, after securing a small field asset cluster production sharing contract (SFA cluster PSC) from Petroliam Nasional Bhd (Petronas). (TheEdge) 

Property developer Ecofirst Consolidated Bhd (KL:ECOFIRS) said on Monday its net profit for the fourth quarter more than doubled from a year earlier thanks to higher sales conversion rate for the KL-48 project. (TheEdge)

U Mobile and Time dotCom have formed a strategic partnership in anticipation of the accelerated deployment of U Mobile’s 5G network under the government’s dual network model. (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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