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KUALA LUMPUR: Blue chips fell early Thursday after two pyrrhic days of struggle to return in the positive zone as the lack of strong rerating catalysts and leads by local institutions weighed on the market.
KUALA LUMPUR: Deleum, Talam Transform, Pestech International and Marine & General are among the stocks to watch on Thursday, according to JF Apex Research.
KUALA LUMPUR: Pestech International Bhd has clinched its second power infrastructure project from the National Grid Corp of the Philippines (NGCP), this time a RM50.2mil contract to install secondary devices for the Calamba 230kV substation project in Luzon.
PETALING JAYA: Kenanga Research remains positive on the power utilities sector and advised investors to accumulate in view of the current price weakness.
KUALA LUMPUR: Tenaga Nasional Bhd (TNB) has awarded a RM40mil construction contract to Malaysian Resources Corp Bhd (MRCB) and a RM79.5mil power system installation contract to Pestech International Bhd.
PETALING JAYA: The power utilities sector remains positive given its defensive earnings with good visibility, despite a challenging second half envisioned for industry players, said Kenanga Research.