Trading ideas: MyNews, Sapura Energy, Reach Energy, AAX, DNeX

TheStar Tue, Jun 28, 2022 08:57am - 1 year View Original


KUALA LUMPUR: Stocks to watch on Tuesday include MyNews Holdings Bhd, Sapura Energy Bhd, Reach Energy Bhd, AirAsia X Bhd (AAX) and Dagang Nexchange Bhd (DNeX), according to JF Apex Research.

MyNews posted its ninth consecutive quarter in the red, with a net loss of RM10.22mil for 2QFY23.

Sapura Energy returned to the black in the 1QFY23 with a net profit of RM91.93mil.

MTD Capital Bhd has ceased to be a substantial shareholder of Reach Energy after disposing of a 10.36% stake or 114 million shares in the open market on June 24.

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AAX 1.250
DNEX 0.400
FBMKLCI 1544.760
MYNEWS 0.525
REACH 0.025
SAPNRG 0.045

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