KUALA LUMPUR: Stocks that may see increased trading interest on Thursday include Axiata, RHB, YTL, Aeon Credit, Sapura Energy, Gadang Holdings, Samaiden Group, Fitters Diversified and Pestech International, said JF Apex Research.

       It said among stocks to watch are the recipients of digital banking licenses, namely Axiata, RHB, YTL and Aeon Credit.

       Sapura Energy Bhd announced the appointment of Datuk Mohammad Azlan Abdullah as its new chairman effective May 7.

       Digi.com Bhd's 1Q22 net profit dropped to RM236.15mil from RM264.83mil last year.

       Gadang Holdings Bhd has bagged subcontract works valued at RM90.4mil for Central Spine Road.

       Samaiden Group Bhd has received a letter of award from Air Selangor Holdings Bhd for a planned RM32.88mil development of a photovoltaic plant.

       Fitters Diversified Bhd has won sub-contract works worth RM9.3mil to provide fire protection services.

       Pestech International Bhd announced that its subsidiary CRSE Sdn Bhd is assisting in the MACC’s investigation of a corruption case related to the Mass Rapid Transit 2 (MRT2) project.

       Meanwhile, JF Apex said the FBM KLCI could be under pressure following the US Federal Reserve's rate hike with the immediate support at 1,575 points.

       The US market rallied overnight after the Fed raised interest rates by 50bps to combat inflation.

       Earlier, European stocks tumbled before the Fed's decision while investors digested corporate earnings, retail sales, business activity and PMI readings.