KUALA LUMPUR: Stocks in focus on Friday include Astro
, EWI, Mesiniaga, Comintel, Omesti and Intan Bina, said Apex Research.
According to the research firm, Astro Malaysia Holdings Bhd's net profit shrank to RM5.8 million for 3QFY23.
Eco World International Bhd recorded a bigger net loss of RM95.73 million for 4QFY22.
Mesiniaga Bhd has been awarded a RM43.62 million contract by the Companies Commission of Malaysia (SSM).
Deleum Bhd said Petroliam Nasional Bhd (Petronas) has lifted its suspension against the group's indirect subsidiary Deleum Technology Solutions Sdn Bhd (DTS).
Comintel Corporation has has won a building works contract worth RM170.7 million.
Omesti disposed of a 12.63% stake in Microlink for RM74.25 million.
Inta Bina Group Bhd’s unit has secured a RM93.73 million contract for superstructure works from Sime Darby Property (KL East) Sdn Bhd in Selangor.
Meanwhile, Apex said the FBM KLCI could break below the support of 1,465 and trend lower towards its next support of 1,450 following the decline on Wall Street.
The US market tumbled overnight after November retail sales declined more than expected, stoking fears of recession among investors.
Earlier, European stocks plunged after central banks of England, Switzerland and Europe raised interest rates by 50 basis points.
