KUALA LUMPUR: Stocks that may receive buying interest on Friday include AMMB, MBM Resources, Allianz, Hap Seng, Boilermech and Press Metal
, following the announcement of higher year-on-year quarterly results, says JF Apex Research.
Meanwhile, MRCB, Boustead Plantations, HeveaBoard and Engtex posted lower year-on-year quarterly results and may come under some selling pressure.
US markets were closed overnight due to the Thanksgiving holiday but Euroopean stocks took a sharp fall due to ongoing concerns over the Brexit and Italy's budget deficit.
Oil prices declined due to rising US inventories but OPEC talk of supply cuts to prevent a supply glut helped to limit the losses.
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