Trading ideas: Master TEC, Top Glove, EWI, Scientex Ayer Keroh, Yinson. FM Global, Kelington, Hibiscus and SCGM

TheStar Thu, Mar 21, 2024 08:21am - 1 month View Original


KUALA LUMPUR: Companies in the headlines include Master TEC, Top Glove, EWI, Scientex Ayer Keroh, Yinson. FM Global, Kelington, Hibiscus and SCGM, said Apex Securities Research.

Master TEC Group Bhd has received an unusual market activity (UMA) query from Bursa Malaysia following the sharp rise in its share price.

Top Glove Corp Bhd's net loss for the second quarter ended Feb 29, 2024 narrowed to RM51.19 million from RM164.67 million a year earlier, fuelled by stronger sales volume growth, as customers placed new orders following the depletion of excess inventory.

Eco World International Bhd (EWI) returned to the black with a net profit of RM182,000 for the first quarter ended Jan 31, 2024 (1QFY2024), after nine consecutive quarters of losses, driven by the sale of higher priced commercial units.

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