Dow Jones

Dow Jones Industrial Average

40,232.14

-125.95

0.31%

Nasdaq

NASDAQ Composite

17,659.07

-338.27

1.87%

Dow Jones

Dow Jones Industrial Average

40,232.14

-125.95

0.31%

Nasdaq

NASDAQ Composite

17,659.07

-338.27

1.87%

Dow Jones

Dow Jones Industrial Average

40,232.14

-125.95

0.31%

Nasdaq

NASDAQ Composite

17,659.07

-338.27

1.87%

2024-07-16

Price Target

WCT Holdings Berhad - Secures RM214mn Common Infrastructure Works
Source : TA, Price Call : BUY, Price Target : 1.52
Last Price : 1.22, Upside/Downside : +0.30(24.59%)

2024-07-16

Price Target

WCT Holdings Berhad - Secures RM214mn Common Infrastructure Works
Source : TA, Price Call : BUY, Price Target : 1.52
Last Price : 1.22, Upside/Downside : +0.30(24.59%)

target 0.94

2024-07-16

Price Target

WCT Holdings Berhad - Secures RM214mn Common Infrastructure Works
Source : TA, Price Call : BUY, Price Target : 1.52
Last Price : 1.22, Upside/Downside : +0.30(24.59%)

take profit time

Name
Last
High
Low
Chg.
Chg. %
Time
US 30
40,165.9 40,308.8 40,159.0 -192.2 -0.48%
03:59:59
US 500
5,516.2 5,558.1 5,515.2 -39.5 -0.71%
03:59:54
US Tech 100
19,548.8 19,681.5 19,540.2 -208.0 -1.05%
04:00:00

Name
Last
High
Low
Chg.
Chg. %
Time
US 30
40,165.9 40,308.8 40,159.0 -192.2 -0.48%
03:59:59
US 500
5,516.2 5,558.1 5,515.2 -39.5 -0.71%
03:59:54
US Tech 100
19,548.8 19,681.5 19,540.2 -208.0 -1.05%
04:00:00

take profit

Name
Last
High
Low
Chg.
Chg. %
Time
US 30
40,283.1 40,308.8 40,253.3 -75.0 -0.19%
22:15:33
US 500
5,536.3 5,558.1 5,530.1 -19.4 -0.35%
22:15:31
US Tech 100
19,649.3 19,681.5 19,616.8 -107.5 -0.54%
22:16:12

US 30
40,300.20 40,308.80 40,253.30 -57.90 -0.14%
21:42:59
US 500
5,538.70 5,558.10 5,530.10 -17.00 -0.31%
21:43:00
US Tech 100
19,655.80 19,681.50 19,616.80 -101.00 -0.51%
21:43:05

US 30
40,300.20 40,308.80 40,253.30 -57.90 -0.14%
21:42:59
US 500
5,538.70 5,558.10 5,530.10 -17.00 -0.31%
21:43:00
US Tech 100
19,655.80 19,681.50 19,616.80 -101.00 -0.51%
21:43:05

US 30
40,300.20 40,308.80 40,253.30 -57.90 -0.14%
21:42:59
US 500
5,538.70 5,558.10 5,530.10 -17.00 -0.31%
21:43:00
US Tech 100
19,655.80 19,681.50 19,616.80 -101.00 -0.51%
21:43:05

2024-07-17

Blog

Public Portion of Kuchingko’s IPO Oversubscribed by 99.02 Times

Dow Jones

Dow Jones Industrial Average

40,358.09

-57.35

0.14%

Nasdaq

NASDAQ Composite

17,997.35

-10.21

0.05%

Dow Jones

Dow Jones Industrial Average

40,358.09

-57.35

0.14%

Nasdaq

NASDAQ Composite

17,997.35

-10.21

0.05%

Dow Jones

Dow Jones Industrial Average

40,358.09

-57.35

0.14%

Nasdaq

NASDAQ Composite

17,997.35

-10.21

0.05%

Dow Jones

Dow Jones Industrial Average

40,358.09

-57.35

0.14%

Nasdaq

NASDAQ Composite

17,997.35

-10.21

0.05%

run

take profit

https://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=228873&name=EA_FR_ATTACHMENTS

0026 NOVAMSC, NOVA MSC BHD - +
Additional Listing Announcement /Subdivision of Shares
23 Jul 2024, 12:48
Additional Listing Announcement /Subdivision of Shares
1. Details of corporate proposal
Whether the corporate proposal involves the issuance of new type and new class
of securities? N
Types of corporate proposal : ESOS
Details of corporate proposal : Ten (10) years Employee' Share Option Scheme of
up thirty percent (30%) of the issued paid-up share capital of the Company
No. of shares issued under this corporate proposal : 3,000,000
Issue price per share ($$) : 0.0656
Par Value ($$) (if applicable) : 0.000
Latest issued share capital after the above corporate proposal
In the following
Units : 1,317,365,382
Issued Share Capital ($$) : Malaysian Ringgit (MYR) 120,336,510.290
Listing Date : 24/07/2024
Remarks:
You are advised to read the entire contents of the announcement or attachment.
To read the entire contents of the announcement or attachment, please access
the Bursa website at http://www.bursamalaysia.com
N202407233000043EN

take profit

take profit

“Bursa is a key beneficiary of the pickup in trading activity in the capital market,” CGS said. The house raised its target price to RM11.10 from RM8.70, and kept the stock on an ‘add’ call, equivalent to a ‘buy’ recommendation.

take profit

take profit

Dow Jones

Dow Jones Industrial Average

40,287.53

-377.49

0.92%

Nasdaq

NASDAQ Composite

17,726.94

-144.28

0.80%

Dow Jones

Dow Jones Industrial Average

40,287.53

-377.49

0.92%

Nasdaq

NASDAQ Composite

17,726.94

-144.28

0.80%

3336 IJM, IJM CORPORATION BHD - +
Changes in Sub. S-hldr s Int (Section 138 of CA 2016)
19 Jul 2024, 07:00
Particular of Substantial Shareholder
Name AMANAHRAYA TRUSTEES BERHAD - AMANAH SAHAM BUMIPUTERA
Address Level 91, Menara Merdeka 118, Presint Merdeka 118 50118 Kuala Lumpur
Wilayah Persekutuan Malaysia
NRIC/Passport No/Company No 200701008892 (7668
Nationality/Country of Incorporation Malaysia
Descriptions (Class & Nominal Value) Ordinary Shares
Name & Address of Registered Holder You are advised to read the entire contents of the announcement or
attachment. To read the entire contents of the announcement or attachment,
please access the Bursa website at http://www.bursamalaysia.com

Change Detail
Change Date 17 Jul 2024
Change Reason
Transaction of Securities

Nature of Interest 206255200

Transaction Detail
Transaction Type Date of Change No of Securities Price Transacted (RM)
Disposed 17 Jul 2024 7,341,800 0.000

No of Securities after Change
Direct Interest (units) 206,255,200
Direct Interest (%) 5.883
Total Share after Change 206,255,200

Remarks You are advised to read the entire contents of the announcement or attachment.
To read the entire contents of the announcement or attachment, please access
the Bursa website at http://www.bursamalaysia.com
N202407193600095EN

Dow Jones

Dow Jones Industrial Average

40,287.53

-377.49

0.92%

Nasdaq

NASDAQ Composite

17,726.94

-144.28

0.80%

Dow Jones

Dow Jones Industrial Average

40,287.53

-377.49

0.92%

Nasdaq

NASDAQ Composite

17,726.94

-144.28

0.80%

Dow Jones

Dow Jones Industrial Average

40,287.53

-377.49

0.92%

Nasdaq

NASDAQ Composite

17,726.94

-144.28

0.80%

Dow Jones

Dow Jones Industrial Average

40,287.53

-377.49

0.92%

Nasdaq

NASDAQ Composite

17,726.94

-144.28

0.80%

Dow Jones

Dow Jones Industrial Average

40,287.53

-377.49

0.92%

Nasdaq

NASDAQ Composite

17,726.94

-144.28

0.80%

take profit

Bursa to deliver strong 2Q results as trading activity surges — CGS
By Ishra Kamiso / theedgemalaysia.com
19 Jul 2024, 01:17 pm

KUALA LUMPUR (July 19): Bursa Malaysia Bhd (KL:BURSA) may report an 8.2% year-on-year (y-o-y) growth in net profit for the second quarter ended June 30, 2024 (2QFY2024), thanks to robust trading activity in the capital market, CGS International said.

Quarterly net profit will probably come in at RM82.5 million, lifting first-half earnings to RM157.5 million, according to CGS in a results preview note. That would be above market expectations, accounting for 55% of the Bloomberg consensus full-year estimate, it noted.

If the write-back in sales and service tax recorded in 2QFY2023 is excluded, net profit would have been 71% higher in 2QFY2024, CGS flagged. Bursa is scheduled to announce the results by month end.

“Bursa is a key beneficiary of the pickup in trading activity in the capital market,” CGS said. The house raised its target price to RM11.10 from RM8.70, and kept the stock on an ‘add’ call, equivalent to a ‘buy’ recommendation.

The average daily trading value of the equity market more than doubled y-o-y to RM3.62 billion in 2QFY2024. In the derivatives market, the daily average rose nearly 10% to 85,600 contracts.

Income generated from the equity market accounted for 48.4% of Bursa’s 1QFY2024 revenue, while derivatives made up 14.1%.

“In addition, we are encouraged to observe an across-the-board increase in trading activity of all major types of investors in Malaysia’s equity market,” CGS said.

The forecast for 2QFY2024 also took into account 'flattish' other income — including fees for listings, depository services, market data, member services and connectivity, conferences and exhibition-related income — CGS said. All in, The research house raised its FY2024-FY2026 earnings per share forecasts by 17%.

For FY2024, CGS is calling for a net profit of RM303.8 million, or 38 sen per share, above the consensus estimate of 35.9 sen per share.

Shares in Bursa have climbed 43% so far this year, thanks to the surge in trading activity and a slew of initial public offerings, while analysts remain bullish on the stock. A majority of 10 out of 15 research houses covering the counter have a ‘buy’ call, while the rest have ‘hold’ ratings, according to Bloomberg.

The stock has also blown past the consensus 12-month target price of RM9.25, and was trading at RM9.89 at Friday's noon trading break.

0316 - +
Timetable for IPO
19 Jul 2024, 12:07
Opening of application : 19/07/2024
Closing of application : 30/07/2024
Balloting of applications : 02/08/2024
Allotment of IPO shares to successful applicants : 09/08/2024
Tentative listing date : 13/08/2024
Remarks : Unless otherwise stated, all defined terms used in this announcement
shall have the same meaning as those defined in the Prospectus dated 19 July
2024 issued by Sik Cheong Berhad.Applications will be accepted from 10.00 a.m.
on 19 July 2024 and will close at 5.00 p.m. on 30 July 2024.If there is any
change to the indicative timetable above, we will advertise the notice of the
change in a widely circulated English and Bahasa Malaysia daily newspapers in
Malaysia and will make announcement on Bursa Securities website accordingly.
You are advised to read the entire contents of the announcement or attachment.
To read the entire contents of the announcement or attachment, please access
the Bursa website at http://www.bursamalaysia.com

5325 - +
Initial Public Offering
19 Jul 2024, 13:32
Initial Public Offering
Date of Listing : 23/07/2024
Enlarged issued share capital in the following :
Unit : 600,000,000
Currency : Malaysian Ringgit (MYR)
Par Value ($$) (if applicable) : 0.000
Enlarged Issued Share Capital ($$) : 344,146,606.511
Stock code : 5325
Stock name : WELLCHIP
ISIN Code : MYL5325OO005
Board : Main Market
Bursa Sector : FINANCIAL SERVICES
Bursa Sub Sector : OTHER FINANCIALS
Do you wish to list any child stock / new type of securities in conjunction
with the IPO/Admission to LEAP Market? : No
No. of child stock / new type of securities to be listed : 0
Remarks : Unless otherwise stated, all defined terms used in this announcement
shall have the same meaning as those defined in the Prospectus dated 26 June
2024 issued by Well Chip Group Berhad.The enlarged issued share capital of Well
Chip of RM344,146,606.511 is before deducting the estimated listing expenses,
which is directly attributable to the issuance of the IPO Shares and offset
against Well Chip's share capital.
You are advised to read the entire contents of the announcement or attachment.
To read the entire contents of the announcement or attachment, please access
the Bursa website at http://www.bursamalaysia.com

Bursa to deliver strong 2Q results as trading activity surges — CGS
By Ishra Kamiso / theedgemalaysia.com
19 Jul 2024, 01:17 pm

KUALA LUMPUR (July 19): Bursa Malaysia Bhd (KL:BURSA) may report an 8.2% year-on-year (y-o-y) growth in net profit for the second quarter ended June 30, 2024 (2QFY2024), thanks to robust trading activity in the capital market, CGS International said.

Quarterly net profit will probably come in at RM82.5 million, lifting first-half earnings to RM157.5 million, according to CGS in a results preview note. That would be above market expectations, accounting for 55% of the Bloomberg consensus full-year estimate, it noted.

If the write-back in sales and service tax recorded in 2QFY2023 is excluded, net profit would have been 71% higher in 2QFY2024, CGS flagged. Bursa is scheduled to announce the results by month end.

“Bursa is a key beneficiary of the pickup in trading activity in the capital market,” CGS said. The house raised its target price to RM11.10 from RM8.70, and kept the stock on an ‘add’ call, equivalent to a ‘buy’ recommendation.

The average daily trading value of the equity market more than doubled y-o-y to RM3.62 billion in 2QFY2024. In the derivatives market, the daily average rose nearly 10% to 85,600 contracts.

Income generated from the equity market accounted for 48.4% of Bursa’s 1QFY2024 revenue, while derivatives made up 14.1%.

“In addition, we are encouraged to observe an across-the-board increase in trading activity of all major types of investors in Malaysia’s equity market,” CGS said.

The forecast for 2QFY2024 also took into account 'flattish' other income — including fees for listings, depository services, market data, member services and connectivity, conferences and exhibition-related income — CGS said. All in, The research house raised its FY2024-FY2026 earnings per share forecasts by 17%.

For FY2024, CGS is calling for a net profit of RM303.8 million, or 38 sen per share, above the consensus estimate of 35.9 sen per share.

Shares in Bursa have climbed 43% so far this year, thanks to the surge in trading activity and a slew of initial public offerings, while analysts remain bullish on the stock. A majority of 10 out of 15 research houses covering the counter have a ‘buy’ call, while the rest have ‘hold’ ratings, according to Bloomberg.

The stock has also blown past the consensus 12-month target price of RM9.25, and was trading at RM9.89 at Friday's noon trading break.

Bursa to deliver strong 2Q results as trading activity surges — CGS
By Ishra Kamiso / theedgemalaysia.com
19 Jul 2024, 01:17 pm

KUALA LUMPUR (July 19): Bursa Malaysia Bhd (KL:BURSA) may report an 8.2% year-on-year (y-o-y) growth in net profit for the second quarter ended June 30, 2024 (2QFY2024), thanks to robust trading activity in the capital market, CGS International said.

Quarterly net profit will probably come in at RM82.5 million, lifting first-half earnings to RM157.5 million, according to CGS in a results preview note. That would be above market expectations, accounting for 55% of the Bloomberg consensus full-year estimate, it noted.

If the write-back in sales and service tax recorded in 2QFY2023 is excluded, net profit would have been 71% higher in 2QFY2024, CGS flagged. Bursa is scheduled to announce the results by month end.

“Bursa is a key beneficiary of the pickup in trading activity in the capital market,” CGS said. The house raised its target price to RM11.10 from RM8.70, and kept the stock on an ‘add’ call, equivalent to a ‘buy’ recommendation.

The average daily trading value of the equity market more than doubled y-o-y to RM3.62 billion in 2QFY2024. In the derivatives market, the daily average rose nearly 10% to 85,600 contracts.

Income generated from the equity market accounted for 48.4% of Bursa’s 1QFY2024 revenue, while derivatives made up 14.1%.

“In addition, we are encouraged to observe an across-the-board increase in trading activity of all major types of investors in Malaysia’s equity market,” CGS said.

The forecast for 2QFY2024 also took into account 'flattish' other income — including fees for listings, depository services, market data, member services and connectivity, conferences and exhibition-related income — CGS said. All in, The research house raised its FY2024-FY2026 earnings per share forecasts by 17%.

For FY2024, CGS is calling for a net profit of RM303.8 million, or 38 sen per share, above the consensus estimate of 35.9 sen per share.

Shares in Bursa have climbed 43% so far this year, thanks to the surge in trading activity and a slew of initial public offerings, while analysts remain bullish on the stock. A majority of 10 out of 15 research houses covering the counter have a ‘buy’ call, while the rest have ‘hold’ ratings, according to Bloomberg.

The stock has also blown past the consensus 12-month target price of RM9.25, and was trading at RM9.89 at Friday's noon trading break.

Bursa to deliver strong 2Q results as trading activity surges — CGS
By Ishra Kamiso / theedgemalaysia.com
19 Jul 2024, 01:17 pm

KUALA LUMPUR (July 19): Bursa Malaysia Bhd (KL:BURSA) may report an 8.2% year-on-year (y-o-y) growth in net profit for the second quarter ended June 30, 2024 (2QFY2024), thanks to robust trading activity in the capital market, CGS International said.

Quarterly net profit will probably come in at RM82.5 million, lifting first-half earnings to RM157.5 million, according to CGS in a results preview note. That would be above market expectations, accounting for 55% of the Bloomberg consensus full-year estimate, it noted.

If the write-back in sales and service tax recorded in 2QFY2023 is excluded, net profit would have been 71% higher in 2QFY2024, CGS flagged. Bursa is scheduled to announce the results by month end.

“Bursa is a key beneficiary of the pickup in trading activity in the capital market,” CGS said. The house raised its target price to RM11.10 from RM8.70, and kept the stock on an ‘add’ call, equivalent to a ‘buy’ recommendation.

The average daily trading value of the equity market more than doubled y-o-y to RM3.62 billion in 2QFY2024. In the derivatives market, the daily average rose nearly 10% to 85,600 contracts.

Income generated from the equity market accounted for 48.4% of Bursa’s 1QFY2024 revenue, while derivatives made up 14.1%.

“In addition, we are encouraged to observe an across-the-board increase in trading activity of all major types of investors in Malaysia’s equity market,” CGS said.

The forecast for 2QFY2024 also took into account 'flattish' other income — including fees for listings, depository services, market data, member services and connectivity, conferences and exhibition-related income — CGS said. All in, The research house raised its FY2024-FY2026 earnings per share forecasts by 17%.

For FY2024, CGS is calling for a net profit of RM303.8 million, or 38 sen per share, above the consensus estimate of 35.9 sen per share.

Shares in Bursa have climbed 43% so far this year, thanks to the surge in trading activity and a slew of initial public offerings, while analysts remain bullish on the stock. A majority of 10 out of 15 research houses covering the counter have a ‘buy’ call, while the rest have ‘hold’ ratings, according to Bloomberg.

The stock has also blown past the consensus 12-month target price of RM9.25, and was trading at RM9.89 at Friday's noon trading break.

rip

take profit

Dow Jones

Dow Jones Industrial Average

40,665.02

-533.06

1.29%

Nasdaq

NASDAQ Composite

17,871.22

-125.70

0.69%

Dow Jones

Dow Jones Industrial Average

40,665.02

-533.06

1.29%

Nasdaq

NASDAQ Composite

17,871.22

-125.70

0.69%

Dow Jones

Dow Jones Industrial Average

40,652.89

-545.19

1.32%

Nasdaq

NASDAQ Composite

17,817.01

-179.90

0.99%

Dow Jones

Dow Jones Industrial Average

40,652.89

-545.19

1.32%

Nasdaq

NASDAQ Composite

17,817.01

-179.90

0.99%