KUALA LUMPUR: Stocks that would see elevated investor curiosity on Wednesday incude Astro
Malaysia, Petronas Gas, Dynaciate, Yinson, UWC and Bina Puri, mentioned JF Apex Research.
Astro Malaysia Holdings Bhd’s web revenue for the 1QFY22 fell 29.19% YoY to RM100.02mil.
Petronas Gas Bhd has awarded a RM92mil contract to undertake a gasoline pipeline extension to a consortium comprising Carimin Engineering Services Sdn Bhd and I Drill Pipelines Constructions Sdn Bhd.
Dynaciate Group Bhd has proposed to buy a freehold industrial land measuring 7,690 sq metres in Nilai, Negeri Sembilan.
Yinson Holdings Bhd’s rights difficulty to lift some RM1.19bil was oversubscribed by 22.31%.
UWC Bhd 3QFY22 web revenue grew 24.6% YoY to a file excessive of RM28.7mil
.
Bina Puri Holdings Bhd has proposed to lift some RM27mil by way of a personal placement and rights difficulty.
Meanwhile, JF Apex mentioned the FBM KLCI may observe Wall Street’s constructive efficiency and lengthen its rebound in direction of the resistance of 1,475 factors.
The US market rallied in a single day in a pointy rebound because the Federal Reserve chairperson will testify in Congress later at this time.
Similarly, European shares additionally climbed in a reduction rally after current losses sparked by inflation and charge hikes.
