KUALA LUMPUR: Pharmaniaga Bhd
, Microlink Solutions Bhd, Hap Seng Consolidated Bhd and Zhulian Corp Bhd are among the stocks to watch on Thursday, according to Apex Securities.
Pharmaniaga has secured a new seven-year concession agreement to provide medical supply logistics services to the Ministry of Health (MOH).
Microlink won a RM28.97mil contract from the National Audit Department to develop a data warehouse, audit analytics application, audit dashboard as well as hardware and other supporting infrastructure.
Hap Seng Consolidated is selling hotel operator Richmore Development Sdn Bhd for RM51mil cash in a related party transaction.
Zhulian’s 2QFY24 net profit slipped 4.32% to RM9.45mil.
Overnight, the Dow Jones Industrial Average closed up 86.01 points or 0.25% at 34,347.43, the S&P 500 gained 32.9 points, or 0.74%, to 4,472.16 and the Nasdaq jumped 158.26 points or 1.15% to 13,918.96.
“Following the recent rebound, the FBM KLCI could take a breather and consolidate below the resistance of 1,437 points,” Apex said.
