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HLIB Sees Press Metal Notching Stronger 2Q Earnings on Higher Aluminium Prices
KUALA LUMPUR (July 15): Press Metal Aluminium Holdings Bhd’s (KL:PMETAL) core earnings in the second quarter could potentially surge by up to 20% quarter-on-quarter (q-o-q) and as much as 60% on year-on-year thanks to higher prices, according to Hong Leong Investment Bank.
Press Metal Aluminium May Post Stronger 2Q Earnings -- Market Talk
Hong Leong maintains a buy rating on Press Metal and keeps its target price at MYR6.51. Shares are 0.8% higher at MYR6.00.
Malaysia Closing Bell on 11 July | SUNWAY Was the Top Gainer of FBM KLCI
SUNWAY was the top gainer, rising 4.33 percent to close at RM 4.100. The top loser was NESTLE, losing 1.55 percent to end at RM 120.800.
Press Metal Aluminium May Post Sequentially Stronger Earnings in 2Q -- Market Talk
Press Metal Aluminium may post sequentially stronger earnings in 2Q on higher aluminum prices and stable input costs, Affin Hwang IB analyst Andrew Lim says in a note.
Malaysia Closing Bell on 09 July | PBBANK Was the Top Gainer of FBM KLCI
PBBANK was the top gainer, rising 1.73 percent to close at RM 4.110. The top loser was GENTING, losing 1.93 percent to end at RM 4.570.
Outlook for the Second Half of the Malaysian Stock Market
What should investors focus on in the macroeconomic field in the second half of 2024?
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