MQ Market Updates

MQ Market Updates - 26 Dec 2024

MQ Trader
Publish date: Thu, 26 Dec 2024, 04:24 PM

Southern Cable Group Bhd (SCGBHD) has secured a RM172.57 million contract for cable supply in East Malaysia, enhancing its market position.

Lebtech Bhd (LEBTECH) will collaborate with Affizal Resources on RM10.8 million waterworks projects in Selangor, indicating growth in infrastructure development.

Bank Islam Malaysia Bhd (BIMB) surpassed its green financing target, achieving RM4.8 billion, showcasing its commitment to sustainable finance.

SNS Network Technology Bhd (SNS) shares rose 14% amid positive sector trends following a US tech stock rally.

Tune Protect Group Bhd (TUNEPRO) is expected to report a small profit in 2024, with significant growth anticipated in 2025.

The EPF has reduced its stake in YTL Power International Bhd (YTLPOWR) after selling 14.9 million shares.

ViTrox Corporation Bhd (VITROX) faces lowered earnings forecasts due to forex impacts and delivery delays.

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Disclaimer: This information does not represent a BUY or SELL recommendation on the stock covered. Traders and Investors are encouraged to do their own analysis on stocks instead of blindly following any Trading calls raised by various parties on the Internet.

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