KUALA LUMPUR: There could be increased trading interest in Kimlun, Velesto Energy
, Citaglobal and SCIB, said Apex Research.
Kimlun Corp Bhd secured a contract worth RM237.63 million to undertake main building works for two blocks of serviced apartments in Selangor.
Velesto Energy Bhd has won a contract worth RM50.26 million for its Naga 2 jack-up rig to drill five wells.
Citaglobal Bhd bagged a RM13.3 million contract to dismantle the balance of the power plant owned by Malakoff Corp Bhd.
Sarawak Consolidated Industries Bhd will be holding an EGM on June 28 to vote on the removal of three directors from its board.
Meanwhile, the US market rose overnight after the debt ceiling deal was resolved while investors anticipate the May jobs report which will be released later today.
Similarly, European markets advanced after euro zone inflation was lower than expected.
"Following the rebound in Wall Street, the FBM KLCI could trend sideways above its support of 1372 points," said Apex.
