<div class=newsTextDataWrapInner><p>KUALA LUMPUR (July 10): Shares in Homeritz Corp Bhd rose 4.48% in active trade this morning following a positive technical outlook on the stock.</p></div>

<div class=newsTextDataWrapInner><p>At 9.12am, Homeritz rose 3 sen to 70 sen with 1.37 million shares traded for a market capitalisation of RM210.00 million.</p></div>

<div class=newsTextDataWrapInner><p>RHB Retail Research said Homeritz Corp Bhd may rebound higher after it continued holding above the 60 sen support.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>In a trading stocks note today, the research house said as the stock rose above the 21-day SMA line, this indicates a positive sign.</p></div>

<div class=newsTextDataWrapInner><p>“A bullish bias may appear above the 65.5 sen level, with an exit set below the 60 sen threshold.</p></div>

<div class=newsTextDataWrapInner><p>“Towards the upside, the near-term resistance is at 70 sen. This is followed by the 73.5 sen level,” it said.</p></div>


KUALA LUMPUR (July 10): Shares in Homeritz Corp Bhd rose 4.48% in active trade this morning following a positive technical outlook on the stock.

At 9.12am, Homeritz rose 3 sen to 70 sen with 1.37 million shares traded for a market capitalisation of RM210.00 million.

RHB Retail...

Homeritz active, rises 4.48% following positive outlook on stock 

Intel forecast second-quarter revenue and profit below market estimates on Thursday, sending its shares tumbling roughly 8% as it faces weak demand for its traditional data centre and PC chips and trails in the surging market for artificial intelligence (AI) components.

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China’s top diplomat Wang Yi warned his American counterpart that problems are mounting between the world’s largest economies, as the US threatens Beijing with sanctions for its support of Russia.

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Microsoft beat Wall Street estimates for third-quarter revenue and profit on Thursday, driven by gains from adoption of artificial intelligence (AI) across its cloud services, and the company's shares jumped more than 4% in extended trade.

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The US plans to award Micron Technology Inc US$6.1 billion (RM29.14 billion) in grants and as much as US$7.5 billion in loans to help the memory-chip maker build new American factories, rounding out a slew of major federal awards for advanced semiconductor manufacturing.

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US Treasury Secretary Janet Yellen said on Thursday the strong dollar reflected the strength of the US economy and high interest rates, insisting that interventions by governments in currency markets were acceptable only in rare circumstances.

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The Securities Commission Malaysia (SC) has updated its Investor Alert List.

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Mercury Securities Sdn Bhd has valued ACE Market-bound Sin-Kung Logistics Bhd at 14 sen based on a 14 times financial year 2025 (FY2025) earnings per share forecast of one sen.

Mercury Securities values ACE Market-bound Sin-Kung Logistics at 14 sen

HLIB is positive on how AME REIT ended the year.

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China is preparing a United Nations General Assembly resolution that it says is intended to help close gaps between rich and developing countries in the advance of artificial intelligence (AI), an initiative that follows an extensive and ambitious campaign by the US, its biggest AI competitor.

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RHB Retail Research said VS Industry Bhd is poised to continue the bullish trajectory after it broke past the key resistance on high volume.

VS Industry poised to continue bullish trajectory, says RHB Retail Research 

<p>Here is a brief recap of some business news and corporate announcements that made the headlines on Thursday:</p>


AirAsia X, Capital A, ViTrox, PavREIT, Luxchem, Chin Teck, MKHOP, TAS Offshore, Inta Bina, Heineken, Pantech and Infoline Tec 

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