Trading ideas: Serba Dinamik Holdings, Top Glove, Yinson Holdings, Gas Malaysia, Pentamaster, Kelington Group

KUALA LUMPUR: Shares to view for on Friday include Serba Dinamik Holdings, Major Glove, Yinson Holdings, Gas Malaysia, Pentamaster, Kelington Team, according to JF Apex Research.

Serba Dinamik Holdings Bhd and its four top executives concerned in the submission of untrue facts have paid out a total of RM16mil compound issued by the Securities Commission Malaysia (SC).

Top Glove Corp Bhd govt chairman Tan Sri Dr Lim Wee Chai has lifted his stake in the rubber glove maker soon after purchasing additional shares in the corporation, which has seen its share cost tumble to its most affordable in in excess of two several years.

Yinson Holdings Bhd as a result of its unit YR C&I Pte Ltd (Yinson Renewables) is forming a joint venture with Furthermore Xnergy Holding Sdn Bhd by way of its wholly-owned subsidiary As well as Xnergy Expert services Sdn Bhd to produce and apply professional and industrial (C&I) rooftop solar photovoltaic (PV) tasks in Malaysia.

Gasoline Malaysia Bhd reported a 64.15% maximize in its 1st quarterly internet financial gain ended March 31, 2022 (1QFY22) to RM91.32mil from RM55.63 mil a yr back, pushed by bigger gross profit.

Pentamaster Corp Bhd’s internet profit jumped by 27% in the initial quarter ended March 31, 2022 (1QFY22).

Kelington Team Bhd‘s device, Kelington Engineering (Shanghai) Co Ltd, has bagged a deal to conduct fuel hook up operates in Beijing, China.

In the meantime, JF Apex study reported the FBM KLCI continues to be pressured and could development sideways close to the guidance of 1,540.

The US market S&P and Dow ended a bit decrease, but Nasdaq edged better as market place weigh the indicator of peaking inflation against fears the inflation keep on being elevated, which might prompting the FED to tighten monetary plan much more aggressively.

Previously, European stocks shut decreased as the US inflation details launched which higher than the expectation.