KUALA LUMPUR: Shares that could see increased buying and selling desire on the back of company news move include SCGM, Uzma, Econpile Holdings, Pensonic Holdings, Affin Financial institution, MPHB Funds, JF Technological know-how and G Funds, explained JF Apex Investigation.
Econpile Holdings Bhd has won a contract truly worth RM37.36mil for substructure will work of a residential undertaking in Pantai Dalam, Kuala Lumpur.
G Funds Bhd signed a 25-12 months photo voltaic electric power buy arrangement (PPA) with two of Chin Nicely Holdings Bhd‘s units for a 5.38 MWp photo voltaic photovoltaic (PV) creating technique in Bukit Mertajam, Penang.
Meanwhile, JF Apex mentioned the FBM KLCI could retest the support of 1,540 points on the again of bearish momentum.
The US marketplace extended its selldown right away with the S&P hitting a one-12 months minimal owing to persisting considerations over inflation.
Likewise, European shares fell to two-thirty day period lows amid problems in excess of inflation, financial growth and war in Ukraine.