Chin Hin Group Bhd (CHINHIN) engages in the manufacturing and distribution of building materials, property development, construction, home and living and solar energy. Notable property projects undertaken by the group include Gembira Residence, Bukit Jelutong Factory, Aera Residence and 8th & Stellar.

The FBM KLCI booked marginal losses as investors remained on the sidelines while waiting for fresh market leads. Nevertheless, sentiment on the local bourse should improve after mild profit taking activities yesterday, tracking the sharp rally on Wall Street overnight buoyed by strong corporate earnings.

The FBM KLCI managed to rebound and recouped its losses from the past week, riding high on upbeat performances from the regional markets and Wall Street overnight. With foreign investors turning net buyers (5-day net foreign fund inflow: RM53.7m), traders may expect a mild extension of the rebound on the severely oversold local equities market. Nevertheless, gains might be capped by challenging business operating environment on the back of heightened inflation pressure.

The FBM KLCI ended the week with marginal losses as quick profit taking activities emerged on selected heavyweights. While the local bourse may be poised for a rebound following the strong gains on Wall Street, we believe recession fears will continue to permeate investors’ sentiment in the near term. Meanwhile, investors may be watching the European Central Bank’s meeting and Malaysia’s inflation data later this week.

Inari Amertron Bhd (INARI) is regarded as one of the leading outsourced semiconductor assembly and test (OSAT) & electronics manufacturing services (EMS) providers in Malaysia. The group has a total of 9 manufacturing facilities in Malaysia, Philippines and China with a manufacturing floor space of 1.8m-sqf.

The FBM KLCI bounced off 52-week low to outperform the mixed regional markets, supported by bargain hunting activities in selected index heavyweights. Nevertheless, we believe the local bourse may remain sour over the near term, taking cue from the mixed sentiment on Wall Street amid dismal earnings from banks, as well as the selloff in banking stocks in China which spread over from the developer stocks.

The FBM KLCI slipped as rebound attempt stalled amid broad-based selldown and negative cue from Wall Street. Investors are beset by mounting recession fears following US economic release which saw inflation roared 9.1% YoY. Meanwhile, Indonesia’s temporary freeze on sending migrant workers to Malaysia may prolong the labour shortages across all sectors, particularly in the plantation and manufacturing sector.

Pantech Group Holdings Bhd (PANTECH) is regarded as one-stop centre for manufacturing and distribution of pipes, fittings, flanges, valves, and other related components. To-date PANTECH serves more than 500 customers worldwide, notably Petronas, Shell, BP, Carigali Hess, Exxon Mobil, Pertamina, Petrofac, Semcorp, FGV and Technip among others.