Trading ideas: Litrak, Gamuda, KPS, TNB, TSH Resources, MGRC and Pintaras Jaya


KUALA LUMPUR: Stocks that could see investor interest on Tuesday include Lingkaran Tans Kota Holdings Bhd, Kumpulan Perangsang Selangor Bhd, Tenaga Nasional Bhd, TSH Resources Bhd, Malaysian Genomics Resource Centre Bhd and Pintaras Jaya Bhd, said JF Apex Research.

Lingkaran Trans Kota Holdings Bhd (Litrak), Gamuda Bhd and Kumpulan Perangsang Selangor Bhd (KPS) as the government has agreed to restructure four Klang Valley highway concessionaires.

Meanwhile, KPS has also secured a RM18.14mil contract for the supply and delivery of water meter.

Tenaga Nasional Bhd (TNB) shas completed its acquisition of a 100% stake in a 97.3 megawatts onshore wind portfolio in the UK or £145.9mil (RM807.74mil).

TSH Resources Bhd plans to dispose of land in Indonesia's North Kalimantan province for a total of RM711.66mil.

Malaysian Genomics Resource Centre Bhd (MGRC) has secured a Covid-19 surveillance contract from the Institute for Medical Research (IMR), the biomedical research arm of the Ministry of Health.

Pintaras Jaya Bhd said the group has secured three piling contracts worth S$29mil (RM90mil) in Singapore.

On the FBM KLCI, JF Apex said the benchmark index could continue to hover below the resistance of 1,620 points following the previous day's negative performance.

The US market surged overnight with technology counters leading the gains due to bargain hunting.

Earlier, European stocks advanced amid EU plans to introduce new sanctions against Russia.

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