KUALA LUMPUR: Pintaras Jaya Bhd, IOI Corp Bhd and Prestariang Bhd are among the stocks which could see some exchanging activity on Monday after their most recent quarterly results and corporate declarations, as per JF Apex Research. The exploration house additionally expects Guan Chong and BP plastics to produce some exchanging enthusiasm after their quarterly results declarations.

It said Pintaras Jaya saw its 1QFY17 net benefit ascend by near twofold to RM13.2mil from a year back, on account of the higher advance billings while IOI Corp came back to the dark in the wake of posting its first quarter net benefit of RM104.8mil from a net loss of RM744.4mil a year prior, on higher salary from its upstream and downstream oil palm operations. 

Prestariang is to execute an administration drove fringe change program at an expected cost of RM3.54bil. Guan Chong's 3QFY16 net benefit contracted 28.6% year-on-year to RM15.48mil, dragged around lower net pick up on remote trade emerging from the debilitating of the ringgit against the US dollar and British pound.

BP Plastics saw its 3QFY16 net benefit decrease by 48.9% year-on-year to RM3.05mil because of higher deals costs combined with higher offering and promoting costs. In the mean time, JF Apex said taking after the bearish execution in the US and Europe, the FBM KLCI may remain constrained with support at 1,610 focuses.

US markets declined somewhat on Friday drove by social insurance counters taking after remarks from Federal Reserve authorities and lower oil costs. So also, European stocks finished lower taking after rising dollar and higher US security yields.

For More Updates : 

share market recommendations , stock trading tips , stock trading tips , stock picks , stock trading tips , stock trading signals , stock trading signals