KUALA LUMPUR: Tasco, Cypark, Tenaga Nasional and Sasbadi are among the stocks which could pull in exchanging enthusiasm on Wednesday after their corporate news and declarations, says JF Apex Research. (Share trading signals)
It said Tasco is purchasing six leasehold tracts of land in Selangor’s Pulau Indah and a 100% stake in icy stockpiling firm Mils Gold Chain Logistics Sdn Bhd to grow its ability.
Concerning Cypark, it secured a RM15.19mil contract for a strong waste transfer extend in Nilai, Negeri Sembilan. (Share trading signals)
Tenaga’s 1QFY17 net benefit dropped 11.9% on-year to RM1.74bil because of the reinforcing of the US dollar against the ringgit.
JF Apex Research likewise said drug store chain Caring’s 2QFY17 net benefit bounced 44% on-year to RM2.76mil, for the most part because of higher deals.
It called attention to WZ Satu’s net benefit for Q1,
FY17 practically multiplied to RM8.5mil from RM4.44mil a year prior, in accordance with better execution of all its key backups.
In the interim, Sasbadi’s Q1, FY17 net benefit multiplied to RM4.33mil from RM2.03mil a year prior because of increment in income from its conveyance of apply autonomy sets and course readings to schools under the Ministry of Education Malaysia.
Overnight on Wall Street, US markets surged, drove by material and foundation counters with the S&P500 hitting a record high after corporate income.(Share trading signals)
Prior, European stocks rose after enhanced monetary information in business and quarterly outcomes.
At Bursa Malaysia, the FBM KLCI surged 9.38 focuses to end at 1,680.69.
“Taking after the bullish execution in the US and Europe, the KLCI could broaden its surge towards the resistance of 1,700,” it said.
Today’s recommendation for KLSE investors
KLSE INTRADAY SIGNALS: BUY EMICO AT 0.290 TARGET 0.300, 0.310 SL 0.275
Today’s recommendation for SGX investors
- GLOBAL LOGISTIC
SGX INTRADAY SIGNALS: BUY YUUZOO AT 0.145 TARGET 0.150, 0.155 SL 0.139