KUALA LUMPUR: Stocks with current company bulletins will likely be within the highlight together with Gamuda, Mudajaya, Yinson, AmFIRST REIT, DNeX and GCapital, mentioned JF Apex Research.
Gamuda Bhd has secured a RM1.96bil building contract as the primary contractor for the Sg Rasau water remedy plant in Selangor.
Mudajaya Group Bhd has received a RM104mil earthworks contract for a 1,200MW mixed cycle gasoline energy plant undertaking in Gurun, Kedah.
Yinson Holdings Bhd’s 49:51 three way partnership has bagged a 12-month extension for a bareboat constitution contract for PTSC Lam Son valued at RM79.8mil.
AmFIRST Real Estate Investment Trust is promoting of Menara AmFIRST in Petaling Jaya for RM62mil.
Dagang Nexchange Bhd has taken supply of the Sevan Hummingbird floating manufacturing storage and offloading (FPSO) vessel from marine vitality transportation firm Teekay Corp.
G Capital Bhd’s 70%-owned unit Solarcity Malaysia Sdn Bhd had accomplished the set up and commenced operation of a 7.0MW peak (MWp) photo voltaic photovoltaic electrical energy technology system for an influence buy settlement with Evergreen Fibreboard Bhd.
For Monday’s buying and selling periods, JF Apex mentioned the FBM KLCI might stay sideways above the assist of 1,430 factors following the continuing uncertainty.
The US market rallied on Friday led by building counters regardless of slower-than-expected manufacturing exercise in June.
Meanwhile, European shares ended blended because the European Central Bank started its bond shopping for programme in southern Europe.