Top Glove Corporation Bhd narrowed its net loss to RM57.71 million for the first quarter ended Nov 30, 2023 (Q1FY24) versus a net loss of RM168.24 million in the same period last year thanks to cost optimisation efforts. (NST)

Despite a weak start to its new financial year, UWC Bhd is optimistic about its business outlook amid signs of recovery in the semiconductor industry. (TheStar)

Maxis Bhd has signed an amendment agreement with Telekom Malaysia Bhd (TM) to extend the high-speed broadband (HSBB) premium service agreement until June 30, 2029. (TheEdge)

Astro Malaysia Holdings Bhd has appointed Dr Grace Lee Hwee Leng as its new chief financial officer (CFO) with effect from Jan 1, 2024. (TheStar)

RHB Retail Research said Farm Fresh Bhd is poised to resume its uptrend above the 21-day simple moving average line as it bounced off and tested the RM1.37 immediate resistance on stronger trading volume. (TheEdge)

Jati Tinggi Group Bhd will gain from Tenaga Nasional Bhd's (TNB) plans to invest RM90 billion in Malaysia's grid over the next five years, according to Rakuten Trade. (NST)

RHB Research anticipates that Malaysia Airports Holding Bhd (MAHB) will experience minimal-to-no impact on the group's earnings. (NST)

TA Securities has upgraded Chin Well Holdings Berhad to “buy” at RM1.27 with an unchanged target price (TP) of RM1.41 following the recent weakness in share price. (TheEdge)

RHB Retail Research said Eastern & Oriental Bhd is set for an uptrend reversal after undergoing a breakout above the 59 sen level on Tuesday on improving trading volume above the 21-day simple moving average line. (TheEdge)

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

Need a Trading Account?

Open a trading account now for FREE with our selected advertiser to enjoy Free Subscription to MQ Trader!

Contact Us

Please do not hesitate to contact us if you have any inquiries:

Facebook: https://www.facebook.com/mqtrader 
Instagram: https://www.instagram.com/mqtrader 
MQ Chat: https://messenger.i3investor.com/m/chatmq 
YouTube: https://www.youtube.com/channel/UCq-26SGjlQTVQfO7DoEihlg 
Email: admin@mqtrader.com