KUALA LUMPUR: JF Apex Research expects Handal Energy Bhd, Malakoff Corp Bhd, Solarvest Holdings Bhd, Eco World Development Group Bhd, Gamuda Bhd and Astro Malaysia Holdings Bhd to be among the stocks to watch.

       Handal Energy has won a five-year contract from ExxonMobil Exploration and Production Malaysia Inc to provide crane operation and maintenance services.

       Malakoff has appointed Solarvest as its solar photovoltaic (PV) systems contractor to accelerate its solar power purchase deals with several logistic players in the country.

       Eco World Development’s 2Q net profit surged 172% y-o-y on the back of higher sales.

       Gamuda's 3QFY21 net profit shot up by 252.53% y-o-y as the pace of construction and property projects and traffic on the expressways returned to pre-Movement Control Order (MCO) levels.

       Astro and Netflix have entered into a partnership that will see the streaming service brought on to Astro's platform.

       Meanwhile, the US market rose overnight with the S&P and Nasdaq hitting record highs after President Joe Biden announced a US$1 trillion infrastructure deal.

       Earlier, European stocks advanced after the Bank of England kept its monetary policy unchanged.

       “Following the recent decline, the FBM KLCI could remain lacklustre and retest its support of 1,550 points,” JF Apex said.