KUALA LUMPUR: The FBM KLCI, closed at around 1,785 on Friday, is expected to creep up today, with the psychological mark of 1,800 expected to be doable anytime soon, HwangDBS said.
Stocks likely to draw attention today include 1) Kumpulan Europlus, now that MWE has acquired a 22.2% equity stake for the RM156m or RM1.35 per share and emerged as a substantial shareholder with a 27.1 interest, 2) SapuraKencana for winning a contract in Mynmar for rig services worth US$40mil, and 3) Perisai Petroleum which received a notice for the extension on the charter of a barge at a daily rate of US$60,000, it said.
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