Trading ideas: Kerjaya Prospek, Goodway, APFT, Dolphin, Radiant Globaltech

KUALA LUMPUR: Kerjaya Prospek Property Bhd, Goodway Integrated Industries Bhd, APFT Bhd, Dolphin International Bhd and Radiant Globaltech Bhd are among the stocks to watch on Thursday, according to JF Apex Research.

Kerjaya Prospek as its property arm Kerjaya Prospek Property Bhd (formerly GSB Group Bhd) is buying five pieces of land along Jalan Puchong/Jalan Klang Lama for a combined RM13.03mil.

Goodway Integrated has a new substantial shareholder in lawyer Yee Wei Meng, who acquired 14.5 million shares in an off-market transaction, increasing his equity holding in the tyre maker to 11.93%.

APFT has aborted its plan to collaborate with Malaysian Aviation Training Academy Sdn Bhd (MATA), an aircraft maintenance academy to provide training for aviation professionals in the country.

Dolphin has appointed Pelaburan Mara Bhd (PMB) group chief operating officer Tengku Ahmad Badli Shah Raja Hussin as its independent and non-executive director.

Radiant Globaltech has entered into a joint venture (JV) with Thailand’s Simat Technologies Public Company Ltd to provide point of sales equipment and retail software solutions to retailers in Thailand.

Meanwhile, US markets rose overnight with the Nasdaq hitting all-time high after President Trump's comments eased the US-Iran tension.

The Dow Jones Industrial Average gained 161.41 points, or 0.6% to close at 28,745.09. The Nasdaq Composite advanced 0.7% to 9,129.24 while the S&P 500 climbed 0.5% to 3,253.05 and hit an intraday all-time high.

Earlier, European stocks closed slightly higher after surrendering intraday gains as Iran attacked US airbases in Iraq.

“Following the positive performances in the US and Europe, the FBM KLCI could be rebound and climb towards its resistance of 1,615 points, ” JF Apex said.