KUALA LUMPUR: Stocks in the spotlight on Thursday include Careplus, Bahvest Resources, Capital A, Menang and Teladan Setia, said Apex Research.
Careplus Group Bhd
is teaming up with an individual Woon Howl Chuen to venture into the renewable energy.
Bahvest Resources Bhd has received an extraordinary general meeting (EGM) requisition from its shareholders to remove three directors.
Asia Digital Engineering (ADE), the engineering and maintenance subsidiary of Capital A Bhd, has secured an investment of US$100 million (RM446 million) from investment firm OCP Asia Ltd.
Menang Corp (M) Bhd said ongoing talks to build a digital hub in Negeri Sembilan, as well as potential land acquisitions in the state and Klang, Selangor, could be the reasons behind the surge in its share price and volume.
Teladan Setia Group Bhd has inked a Memorandum of Understanding with Micro Energy Holdings (M) Sdn Bhd (MEH) to install solar photovoltaic systems in its Taman Bertam Heights.
Meanwhile, Apex said the FBM KLCI could trend sideways above the support of 1,393 points.
The US market was mixed overnight with the Dow and S&P falling while the Nasdaq climbed amid ongoing results season.
Earlier, European stocks ended lower following concerns over First Republic Bank’s dwindling deposits.
Investors will be looking forward to economic announcements today such as US 1Q23 GDP, weekly jobless claims and pending home sales.
