MQ Market Updates

MQ Market Updates - 19 Dec 2024

MQ Trader
Publish date: Thu, 19 Dec 2024, 04:25 PM

Winstar Capital Bhd (WINSTAR) anticipates sales growth in 2025 due to China's tax policy changes and Malaysia's LSS5 program. The company saw a 40% rise on its ACE Market debut.

YTL Corporation Bhd (YTL) and YTL Power International Bhd (YTLPOWR) shares surged after the MACC cleared YTL Communications of wrongdoing in the 1BestariNet project.

Telekom Malaysia Bhd (TM) signed an MoU with Petronas to enhance digital transformation and sustainable innovation.

Mah Sing Group Bhd (MAHSING) acquired land for RM156.8 million to develop a premium serviced apartment project.

Mr DIY Group (M) Bhd (MRDIY) rebounded on its stock market debut after initial volatility.

Hong Leong Investment Bank Bhd (HLBANK) maintains an 'Overweight' rating on the Malaysian healthcare sector for 2025.

Malaysia Airports Holdings Bhd (AIRPORT) reported 11.2 million passenger movements, a 16.1% increase, nearing pre-pandemic levels.

Malaysian Resources Corporation Bhd (MRCB) shares fell after withdrawing from the Kuala Lumpur-Singapore HSR project consortium.

Scientex Bhd (SCIENTX) is expected to improve earnings from its property division, offsetting challenges in packaging.

Catcha Digital Bhd (CATCHA) announced a 70% stake acquisition in Tastefully Malaysia Sdn Bhd for RM7.6 million to enhance its advertising capabilities.

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