KUALA LUMPUR: Stocks to watch for on Thursday include Konsortium Transnasional, Damansara Hldings, T7 GLOBAL and PMB Technology, said JF Apex Research.
Konsortium Transnasional has secured a second construction contract from Probil Industries (M) Sdn Bhd, worth RM139.88mil this time.
Damansara Holdings has secured contracts worth a total of RM28.34mil to operate and maintain certain facilities at the Pengerang Integrated Complex in Johor.
T7 Global has secured a contract from Petronas for the provision of third-party professional and support services.
PMB Technology has entered into a Memorandum of Understanding with Sabah Oil & Gas Development Corp Sdn Bhd (SOGDC) for the potential sublease or sale of 200 acres of land at the Sipitang Oil and Gas Industrial Park (SOGIP) in Sabah and development of a new silicon metal production plant there.
Meanwhile, JF Apex said the FBM KLCI could remains sideways below the resistance of 1,620 points following the decline on Wall Street overnight.
The US market turned lower amid higher oil prices and ongoing talks between Russia and Ukraine.
In Europe, stocks dropped following doubts over Russia's pledge to cut military activity near Kyiv.