KUALA LUMPUR: Companies that recently made headlines include Samaiden, Scientex, Velesto Energy and Sapura Resources, said Apex Research.

       Samaiden Group Bhd’s unit has won a contract worth RM181.34 million to develop a solar power plant in Sungai Petani, Kedah.

       Scientex Bhd is buying 550.67 acres of land in Kulai, Johor for RM299.84 million from PNB.

       Velesto Energy Bhd bagged a contract for the provision of drilling rig services for PTTEP Sabah Oil Ltd and PTTEP Sarawak Oil Ltd worth some RM60.55 million.

       Sapura Resources Bhd is disposing of its aviation business at the Subang International Airport to Abu Dhabi-based private jet operator RoyalJet LLC for an undisclosed sum.

       Overnight, the US market rose as investors looked forward to June’s CPI data later today and PPI data tomorrow.

       Earlier, European markets also climbed despite UK wage growth hitting a record high to raised inflation concerns.

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       On the local market, the FBM KLCI gained 8.4 points or 0.61% to 1391.46 points.

       "Following the recent rebound, the FBM KLCI could take a breather and consolidate below the resistance of 1,437 points," said Apex.