Trading ideas: Affin Hwang, Petronas Chemicals, PMB Technology, Keck Seng, Bintulu Port Holdings, Formosa Prosonic Industries, Paramount Corp

TheStar Mon, May 30, 2022 08:44am - 1 year View Original


KUALA LUMPUR: Stocks that could be the focus of investor attention on Monday include Affin Hwang, Petronas Chemicals, PMB Technology, Keck Seng, Bintulu Port Holdings, Formosa Prosonic Industries, Paramount Corp, Hap Seng Consolidated, Boustead Holdings, Kretam Holdings, Chin Well Holdings, Dagang Nexchange, Ahmad Zaki Resources, Bintai Kinden Corp, British American Tobacco (Malaysia) Bhd, Malayan Flour Mills, MSM Malaysia Holdings, Pestech International, Cypark Resources and Axiata.

Companies that reported improved quarterly earnings included Affin Bank Bhd, Petronas Chemicals Group Bhd, PMB Technology Bhd, Keck Seng (Malaysia) Bhd, Bintulu Port Holdings Bhd, Formosa Prosonic Industries Bhd, Paramount Corp Bhd, Hap Seng Consolidated Bhd, Boustead Holdings Bhd, Kretam Holdings Bhd, Chin Well Holdings Bhd, Dagang NeXchange Bhd, Ahmad Zaki Resources Bhd, and Bintai Kinden Corp Bhd.

On the flip side, companies that saw earnings decline were British American Tobacco (Malaysia) Bhd, Malayan Flour Mills Bhd, MSM Malaysia Holdings Bhd, and Pestech International Bhd.

Cypark Resources Bhd chairman Tan Sri Razali Ismail ceased to be a substantial shareholder of the company, following the disposal of 7.26 million shares or a 1.22% equity stake.

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