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.

Article type: metered
User Type: anonymous web
User Status:
Campaign ID: 1
Cxense type: free
User access status: 3
Subscribe now to our Premium Plan for an ad-free and unlimited reading experience!

Next In Business News

32 companies awarded FiT quotas, set to generate RM1.14bil investments
Bursa Malaysia gives up earlier gains to end lower
Bonia unit to acquire KL property for RM35.51mil
Sunview unit undertakes EPCC of solar energy facility for RM122mil
Gamuda to acquire 30% stake in ERS Energy for RM200mil
China stocks fall on profit-taking following new Covid easing measures
Bank Negara's international reserves rise to US$109.7bil as at Nov 30
CIMB launches sustainability-linked Treasury programme with pioneering clients Farm Fresh and Sunway
India central bank raises key rate, says inflation battle not over
Taiwan seeks to reassure on TSMC commitment to island despite US investment

Others Also Read