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MQ Market Updates - 26 August 2024 

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2024-08-26 18:02:23
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MQ Market Updates - 26 August 2024 

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Shares of Globetronics Technology Bhd (KL:GTRONIC) fell on Monday to their lowest in 15 months after the semiconductor assembly and test company’s latest results failed to meet analysts’ expectations. (TheEdge)

Shares in D&O Green Technologies Bhd’s (KL:D&O) slipped on Monday to their lowest in nearly three weeks after the semiconductor company reported weaker-than-expected first-half results. (TheEdge)

Malaysia Marine & Heavy Engineering Holdings Bhd (MMHE) is bidding for RM7bil to RM8bil of contracts with about one-third of those bids being for overseas jobs. (TheStar)

Bank Islam Malaysia Bhd (KL:BIMB), Malaysia's largest full-fledged Islamic bank, announced on Monday that it made a net profit of RM137.17 million for its second quarter ended June 30, 2024, little changed from the RM136.14 million it made in the same quarter last year. (TheEdge)

Plytec Holding Bhd said a strong showing in the first half of 2024 has put it in good stead for the remainder of the year. (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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