MQ Market Updates

MQ Market Updates - 20 February 2023

MQ Trader
Publish date: Mon, 20 Feb 2023, 05:14 PM

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Dagang Nexchange Bhd (Dnex) expects the volume of wafer shipments to normalise over the near-term, primarily due to the commitment of delivery volumes from its three long-term agreement customers. (TheStar)

XOX Bhd's wholly owned subsidiary XOX Pro Sport Sdn Bhd has entered signed an agreement to explore a collaboration with Darulaman Football Club Sdn Bhd. (TheStar)

Telekom Malaysia Bhd (TM) emerged among Bursa Malaysia’s top losers during early morning trade on Monday (Feb 20), after the Malaysian Communications and Multimedia Commission (MCMC) lowered mandatory high-speed broadband access prices. (TheEdge)

After announcing a huge dip in the quarterly results last week, the shares of Malaysian Pacific Industries Bhd (MPI) continued its downward trend as signs of weaker earnings is expected to persist for at least another quarter, no thanks to weaker demand and geopolitical tensions. (TheEdge)

Sunview Group Bhd shares rose 4.79% in active trade on Monday (Feb 20) following its deal with Huawei Technologies (Malaysia) Sdn Bhd (Huawei Malaysia) to collaborate in the renewable energy segment.

 

Source: New Straits Times, The Edge Markets, The Star 20 Feb 2023

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