KUALA LUMPUR: Ahmad Zaki Resources Bhd
(AZRB), EITA Resources, Bintai Kinden and MyEG are among the stocks to watch on Tuesday after their corporate news, says JF Apex Research.
AZRB secured a RM288.5m construction project from MRT2 while EITA Resources bagged a RM69.8mil contract to install lifts and escalators at four MRT sites.
As for Bintai Kinden, it was awarded a RM11mil contract to develop an air traffic surveillance and management system at KLIA.
JF Apex Research also pointed out that MyEG was appointed by the Home Ministry to undertake the repatriation of illegal foreign workers.
Overnight on Wall Street, US markets rose to record highs overnight amid optimism during the ongoing earnings season. Earlier, European stocks ended mixed amid political news from Spain and Austria's election.
At Bursa, the FBM KLCI shed 0.95 point to end Monday at 1,754.37 after bouncing off the support of 1,750.
“Following the recent lacklustre performance, the KLCI is expected to remain pressured with support at 1,750,” it said.
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