Trading ideas: Ranhill Utilities and Aneka Jaringan


KUALA LUMPUR: Ranhill Utilities and Aneka Jaringan may very well be two shares to observe for following current company information movement, says JF Apex Research.

Ranhill Utilities has secured two contracts price a complete of RM161.26mil referring to efforts to scale back non-revenue water (NRW) in Pahang and Johor.

Aneka Jaringan has bagged a RM16.1mil contract to undertake basis works for an residence venture in Bukit Jalil.

Meanwhile, JF Apex mentioned the FBM KLCI might consolidate beneath the resistance of 1,600 factors folowing a 7.15-point retreat yesterday to 1,541.9 on profit-taking exercise.

The US was blended in a single day with the Dow extending its report excessive whereas the S&P500 and Nasdaw declined as buyers awaited the discharge do the Fed’s assembly minutes for indication of charge hikes and tapering.

European shares have been seen rising to report highs regardless of international locations implementing restrictions or lockdowns to include the Omicron variant.

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