KUALA LUMPUR: Stocks that could see increased investor attention on Friday include Pharmaniaga, Sunway REIT, Sunway, PTT Synergy and TAFI Industries, said Apex Research.
Pharmaniaga Bhd’s unit has been granted a six-month extension till end-June 2023 of the concession agreement for the provision of medicines and medical supplies to Ministry of Health facilities, pending the finalisation of a new concession agreement.
Sunway Real Estate Investment Trust plans to sell a seven-storey purpose-built hospital and land it bought for RM310 million a decade ago from Sunway Bhd’s healthcare arm under a sale-and-lease-back arrangement.
PTT Synergy Group Bhd has proposed to acquire a piece of industrial land in Bandar Bukit Raja, Klang from Sime Darby Property Bhd for RM12.25 million.
Tafi Industries Bhd’s unit has secured a RM205 million contract.
Meanwhile, Apex said the FBM KLCI could continue its positive momentum with optimistic performance in the last trading day of 2022 towards its resistance of 1,500 points.
Overnight, the US market gained as data pointing to signs of a cooling US labour market eased worries about future interest rate hikes by the Federal Reserve.
Similarly, European stocks closed higher as investors assessed several likely headwinds in 2023.