KUALA LUMPUR: Ajiya, Destini, TH Heavy Engineering, MMC, UMW OG, UMW Holdings are among the stocks which could see exchanging enthusiasm on Friday after their corporate news, says JF Apex Research. (Trading signals malaysia)
It said Ajiya’s net benefit for the 4QFY16 rose 64% on-year to RM7.05mil because of higher working benefit.
With respect to Destini and TH Heavy Engineering, the JV stowed a RM738.9mil government contract to supply three seaward watch vessels for the Malaysian Maritime Enforcement Agency (MMEA). (Trading signals malaysia)
JF Apex Research said MMC is offering its unit, MMC Oil and Gas Engineering Sdn Bhd, for RM50mil to concentrate on its center organizations. MMC hopes to have a coincidental pick up on transfer of RM16.5mil.
UMW Oil and Gas arrangements to gain Icon Offshore and other O&G resource from Ekuinas.
UMW Holdings is leaving its oil and gas business with its demerger arrange with UMW Oil and Gas.
Overnight on Wall Street, US markets finished lower drove by property counters with the Dow on a five-day losing streak as financial specialists anticipate President-elect Donald Trump’s introduction.
European stocks likewise shut lower after the European Central Bank kept loan costs unaltered.
At Bursa, the FBM KLCI added 1.49 focuses to 1,666.51. Taking after the dreary execution in the US and Europe, the FBM KLCI could stay sideways beneath the resistance of 1,680, it said.
- MM2 ASIA
- ALLIANCE MINERAL