MQ Market Updates

MQ Market Updates - 4 Dec 2024

MQ Trader
Publish date: Wed, 04 Dec 2024, 04:55 PM

Shares of Magni-Tech Industries Bhd (MAGNI) surged after its quarterly results met analysts' expectations.

Capital A Bhd (CAPITALA) anticipates record revenue exceeding RM1 billion for FY2024, as stated by CEO Pete Chareonwongsak.

JF Technology Bhd (JFTECH) saw a 22.64% increase in shares, fueled by plans to commence US sales in January 2025 through Ironwood Electronics.

MMAG Holdings Bhd (MMAG) is progressing in recovery by partnering with Malaysia Airlines Bhd.

Syarikat Takaful Malaysia Keluarga Bhd (TAKAFUL) reported steady growth for the first nine months of FY2024.

Tropicana Corp Bhd (TROP) launched Fraser Heights, a new residential phase in its Johor township.

Despite weak first-quarter results, analysts remain optimistic about VS Industry Bhd (VS) due to anticipated new orders.

Pentamaster Corporation Bhd (PENTA) shares rose 22.6% to RM4.23 after its subsidiary suspended trading on the Hong Kong Stock Exchange.

Source: New Straits TimesThe Edge MarketsThe Star 4 December 2024

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