KUALA LUMPUR: Stocks in focus on Friday could include PETRONAS Chemicals, Southern Score Builders, Censof, Anzo, Bintai Kinden
, Impiana Hotels, MMHE, Berjaya Food and KLCCP Stapled Group, said Apex Research.
Petronas Chemicals Group Bhd's (PetChem) wholly owned subsidiary BRB International has opened its new lube oil additives manufacturing facility in Echt, the Netherlands.
Southern Score Builders Bhd has bagged a RM173 million contract from developer Dataran Pertiwi Holdings Sdn Bhd (DPHSB) to build an apartment block in Kuala Lumpur.
Censof Holdings Bhd has secured a hardware and software maintenance project worth RM7.93 million from the government.
Anzo Holdings Bhd said its planned collaboration with Eco Group Holdings Sdn Bhd for Eco to participate in Anzo's proposed regularisation plan has been aborted.
Bintai Kinden Corp Bhd has inked a deal for the sales, marketing and installation of telecommunications services to healthcare centres and other medical sites.
Impiana Hotels Bhd's wholly owned subsidiary, Impiana Cherating Sdn Bhd, has been served a winding-up petition by Axventure Sdn Bhd over an unpaid amount relating to the redevelopment of a resort.
Malaysia Marine and Heavy Engineering Holdings Bhd (MHB) recorded a net profit of RM15.94 million for the same period this year.
Berjaya Food Bhd (BFood) posted a net profit of RM34.7 million for the first quarter ended Sept 30, 2022, a nearly three-fold jump from RM11.63 million in the same period last year.
KLCCP Stapled Group reported a 30.43% rise in net profit to RM176.59 million for the third quarter ended Sept 30, 2022, from RM135.39 million a year earlier, on the back of improved performances across all business segments.
Meanwhile, Apex said the positive sentiment from the big rally on Wall Stree should spill over to the local bourse.
It added that the technology sector should bein focus followed by the Nasdaq Index surging more than 7% and less-aggressive interest rate hike expectations.
The US market has surged overnight which was the biggest rally in 2 years after the Oct reading CPI has shown sign of easing inflation and raised investor hopes that the FED may slow tightening monetary policy.
Similarly to European market, the market has ended higher with hope that inflation stateside has peaked.
