KUALA LUMPUR: JF Apex Research expects TH Plantations, AWC, Barakah, SKP Resources and Tiong Nam Logistics to draw in exchanging enthusiasm on Tuesday after their solid profit. The exploration house said with respect to Carlsberg, Tan Chong Motor, UMW Oil and Gas, Scomi, Only World Group, Wellcall and Evergreen they reported lower quarterly results from a year prior.
It said TRC Synergy got a notice of end from MMC Gamuda KVMRT (PDP SSP) Sdn Bhd for works identified with the new Sungai Buloh-Serdang-Putrajaya Mass Rapid Transit Line (MRT Line 2). The RM74.39mil contract included migrating an art historical center, Karyaneka office and the National Heritage Department office to Bangunan Sultan Abdul Samad as a component of the MRT Line 2 extend.
Then, The Store bunch overseeing executive Tan Sri Tang Yeam Soon and his significant other Puan Sri Khor Guik Lee arrangement a required takeover (MTO) offer for the rest of the shares they don't possess for RM3.52 a share. IOI Properties, Gamuda and IJM Corp are probably going to be new participants to the 30-stock FBM KLCI while SapuraKencana and YTL Corp are probably going to slip out of the FBM KLCI, as highlighted by the media.
Overnight on Wall Street, US markets declined overnight drove by monetary counters as the post-race rally chills out in spite of higher oil costs on news of Iraq willing to take an interest in OPEC's creation cut. Prior, European stocks tumbled on political instability in Italy. At Bursa, the FBM KLCI increased 1.40 focuses to 1,628.66 focuses to expand its sideways development.
"The benchmark file could broaden its flattish incline over the support of 1,610 looking for an impetus," it said.
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