MQ Market Updates - 15 November 2024
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Malaysia’s removal from the United States Treasury’s (Treasury) monitoring list indicated that the country’s economic and foreign exchange policies are now viewed as balanced and transparent, said an economist. (TheStar)
Berjaya Food Bhd (BFood), the operator of Starbucks Malaysia, reported a net loss of RM33.7 million for the first quarter of the financial year 2025 (1QFY25), amid an ongoing boycott which has lasted more than a year. (NST)
Mr DIY Group (M) Bhd's share price fell to a three-month low in the morning session after its third quarter (3Q) financial year 2024 results came in below expectations. (NST)
LBS Bina Group Bhd (KL:LBS) announced the signing of a memorandum of understanding (MOU) with Invest Sabah Bhd, Sabah Forestry Development Authority (Safoda) and Midwest Green Sdn Bhd. (TheEdge)
MISC Bhd is expected to record quarter-on-quarter (QoQ) earnings improvement in the fourth quarter (Q4) 2024. (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.
