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MQ Market Updates - 06 May 2025

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2025-05-06 17:18:14
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MQ Market Updates - 06 May 2025

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Mr DIY Group (M) Bhd's (MRDIY) stock rose sharply as investors reacted positively to its strong quarterly performance.

Malaysia Steel Works (MASTEEL) collaborates with Kelington Group (KGB) and Universiti Tunku Abdul Rahman to innovate carbon capture technology, aiming for greener steel production and potential CO₂ trading.

Gamuda Bhd (GAMUDA) has bolstered confidence in its data centre strategy through a partnership with Pearl Computing Malaysia Sdn Bhd, remaining resilient against US AI policies and global tensions.

Hartalega Holdings Bhd (HARTA) reported a slight decline in net profit for 4QFY2025, as lower non-operating income countered operational improvements.

Genting Malaysia Bhd (GENM)'s acquisition of the remaining 51% in Genting Empire Resorts LLC is viewed as costly and likely to dilute profits.

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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.
 

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