Trading ideas: Ekovest, MN Holdings, MMAG, KYM, Capital A and AAX


KUALA LUMPUR: Stocks to look at for on Wednesday embody Ekovest, MN Holdings, MMAG, KYM, Capital A and AAX, mentioned JF Apex Research.

Ekovest Bhd gained a RM1.98bil contract because the collaborating companion and engineering, procurement and building contractor of the Rapid Transit System Link, MN Holdings Bhd bagged a RM26.9mil underground utilities contract in Kulim Hi-Tech Park, Kedah.

MMAG Holdings Bhd is promoting a 4,777-square-metre land positioned in Hicom Glenmarie Industrial Park in Shah Alam, Selangor for RM20.2mil money.

KYM Holdings Bhd has introduced the retirement of its founder Datuk Lim Kheng Yew in addition to the departure of govt chairman and 4 of its administrators from its board.

Capital A is leasing one Airbus A330-343 from AAX for 4 months to ramp up seat capability with a cost of RM16.9mil.

Meanwhile, JF Apex mentioned the FBM KLCI might stay sideways above the help of 1,428 factors following the continued uncertainty.

The US market ended blended in a single day with the Dow posting a slight decline whereas the S&P and Nasdaq climbed following features in expertise counters.

Earlier, European shares plunged following considerations of a recession.

Investors will probably be monitoring central banks bulletins this week with the US Federal Reserve’s minutes of assembly later immediately and European Central Bank accounts on its newest financial coverage assembly on Thursday in addition to the US jobs report on Friday.

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