KUALA LUMPUR: Stocks that could be in the investor spotlight include Salcon, Westports, Maxis, Caely, S&F, Industronics and SLP Resources, said Apex Research.
Salcon Bhd
said it it bagged a 3-year contract worth RM27m from Appraisal Property Management Sdn Bhd (APM) to provide transportation services.
Westports Holdings Bhd's net profit for the 3Q22 fell 24% YoY to RM150.39 million.
Maxis Bhd's net profit for 3Q22 dropped 3.1% YoY to RM315 million.
Caely Holdings Bhd has rejected a requisition claim from five shareholders to convene an extraordinary general meeting (EGM).
S&F Capital Bhd is acquiring 9.44 acres of land near Kulim Hi-Tech Park (KHTP) in Kedah for RM7.4 million.
Industronics Bhd has entered into a Memorandum of Understanding (MOU) with Malaysian NGV Bhd (MNGC) to build and operate the Kedah Aerotropolis project worth RM15.36 billion.
SLP Resources Bhd net profit jumped 60.3% YoY to RM4.94 million in 3Q22.
Meanwhile, Apex said the FBM KLCI could climb towards the resistance of 1,462 points following the positive performance on Wall Street.
The US market rallied on Friday but ended the week lower following concerns that the Federal Reserve will remain aggressive in raising interest rates.
Similarly, European stocks advanced after central banks policy decisions and corporate earnings.
