MQ Market Updates - 22 April 2025
MQ Market Updates - 22 April 2025
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Reach Ten Holdings Bhd's IPO shares were oversubscribed by nearly two times, indicating strong public interest ahead of its Main Market listing.
Malaysia's construction sector is stable despite US tariff risks, as noted by Hong Leong Investment Bank Bhd (HLBANK).
Inari Amertron Bhd (INARI) is experiencing an earnings downgrade cycle, but analysts suggest investors consider buying now despite recent share price drops.
QL Resources Bhd (QL) shows resilience amid trade tensions and wage hikes, though its core segments may face challenges after a strong previous year.
TMD Energy Ltd, a subsidiary of Straits Energy Resources Bhd (STRAITS), saw shares rise 26.76% on its NYSE American debut, closing at US$3.63, an 11.69% gain over its IPO price.
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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.
