Trading ideas: Pharmaniaga, Amway, Amcorp Properties, Sapura Energy
KUALA LUMPUR:JF Apex Research expects Pharmaniaga Holdings, Amway (M) Holdings, Amcorp Properties , Sapura Energy and Xidelang to be among stocks to watch on Thursday.
The research house also expects Tenaga Nasional Bhd (TNB), Privasia Technology and Hock Seng Lee to see trading interests following their latest corporate news.
Pharmaniaga's 3QFY17 net profit dropped 72.6% year-on-year, on lower off-take for in-house products.
Amway’s 3QFY17 net profit fell 21% year-on-year on lower sales and higher import costs primarily attributed to the weaker ringgit.
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