MQ Market Updates - 30 July 2024

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2024-07-30 17:55:15

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PMB Technology Bhd has proposed to raise about RM300mil via a rights issue, subject to its final issue price and basis of entitlement. (TheStar)

Shares of Chin Teck Plantations Bhd (KL:CHINTEK) rose to their highest in nearly 15 months as investors cheered the palm oil producer's better-than-expected third-quarter results and special dividend. (TheEdge)

Unisem (M) Bhd's net profit fell 30 per cent to RM16.76 million in the second quarter ended June 30, 2024 (2Q24) from a change in product mix and increased operating costs. (NST)

Bursa Malaysia Bhd's net profit rose 5.5 per cent year-on-year (YoY) to RM80.45 million for the second quarter ended June 30, 2024 (Q2 2024) from RM76.25 million in the same period last year due to improved market sentiment. (NST)

CIMB Securities Sdn Bhd projects CelcomDigi Bhd's core earnings per share (EPS) to drop eight per cent in the financial year 2024 (FY24) before rising 19 per cent and 17 per cent in FY25 and FY26, respectively. (NST)

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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