KUALA LUMPUR: Public Bank, RHB Bank, Alliance Bank, CSC Steel, Sarawak Plantation, Axiata, Time dotCom, MGB, Padini, Bumi Armada, Paramount are among the stocks to watch on Monday, JF Apex Reseacrh said.

       It said these company recorded higher y-o-y quarterly earnings last week.

       However, TM, Power Root, Hengyuan posted weaker y-o-y quarterly results.

       Meanwhile, Kerjaya Prospek Property has entered into a sale and purchase agreement to acquire a parcel of leasehold land in Sungai Buloh, Selangor for RM42mil cash.

       Dialog has inked a joint venture agreement with China-based company Morimatsu Technology Company, to collaborate and provide one-stop engineering fabrication services for critical process equipment, pressure vessels and facility solutions.

       As for the outlook for the market, JF Apex Research said, the FBM KLCI gained 4.24 points or 0.28% to 1590.16 last Friday.

       Market breadth was negative with 393 gainers as compared to 620 losers.

       “Following recent rally, the benchmark index could take a breather and consolidate below 1600 points.

       “The index would hover in the range of its resistance level of 1625 points and support level of 1550 points in the near term,” it said.