Trading ideas: AMMB, MBM Resources, Allianz, Hap Seng, Boilermech, Press Metal, MRCB, Boustead Plantations, HeveaBoard, Engtex

TheStar Fri, Nov 23, 2018 09:07am - 5 years View Original


KUALA LUMPUR: Stocks that may receive buying interest on Friday include AMMB, MBM Resources, Allianz, Hap Seng, Boilermech and Press Metal, following the announcement of higher year-on-year quarterly results, says JF Apex Research.

Meanwhile, MRCB, Boustead Plantations , HeveaBoard and Engtex posted lower year-on-year quarterly results and may come under some selling pressure.

US markets were closed overnight due to the Thanksgiving holiday but Euroopean stocks took a sharp fall due to ongoing concerns over the Brexit and Italy's budget deficit.

Oil prices declined due to rising US inventories but OPEC talk of supply cuts to prevent a supply glut helped to limit the losses.
 
   

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Related Stocks

ALLIANZ 19.940
APEX 1.000
BPLANT 1.570
ENGTEX 1.020
HEVEA 0.335
MBMR 4.640
MRCB 0.660

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