KUALA LUMPUR: Stocks to watch for on Wednesday include Comintel, Pharmaniaga
, Censof, Axis, Ancom Nylex, MGRC and DPS Resources, said Apex Research.
Comintel secures RM230m construction contract from BDSB.
Pharmaniaga Bhd’s concession agreement to provide medicine and medical supplies to the ministry’s facilities has been extended for 10 more years.
Censof Holdings Bhd has secured a RM5.97 million project to develop a unit trust management system for Pelaburan Hartanah Bhd.
Axis REIT’s net property income increased 0.92% to RM58.93 million.
Ancom Nylex Bhd’s 3QFY23 net profit increased 8.05% to RM16.36 million.
Malaysian Genomics Resource Centre Bhd (MGRC) has proposed a private placement to raise up to RM3.85 million.
DPS Resources to buy land in Melaka for RM46 mil to undertake mixed development.
Meanwhile, Apex said the FBM KLCI could remain sideways above the support of 1,431 points following the flattish performance on Wall Street.
The US market was flat overnight as investors digest corporate earnings announcements.
Earlier, European stocks were mixed as investors monitor the US results season while UK unemployment increased slightly and China’s 1Q23 GDP beat expectations.
