KUALA LUMPUR: Hwang DBS Vickers Research said the benchmark FBM KLCI may attempt to cut above the resistance barrier of 1,530 again on Friday, April 22.
It said this comes as Bursa Malaysia'' ' the only market across the region to finish in the red on Thursday'' ' could recover after the 4.7-point dip.
'Nevertheless, trading interest is expected to be quite slow today as most regional peers (like Singapore, Indonesia, Philippines, Hong Kong and India) are on holidays today,' it said.
Hwang DBS Vickers Research said Wall Street ' which saw its key equity indices rising between 0.4% and 0.6% last night ' would also be closed Friday.
Amid a relatively quiet market backdrop, counters that could attract attention today include: (a) RHB Capital, after a media report said two foreign parties are in the midst of making a joint bid to acquire a stake in the bank; (b) Jerneh Asia, which has signed an MOU to explore a proposed acquisition of a Sabah-based property developer; and (c) CBIP, as the company has just announced a proposal to undertake a 1-for-1 bonus issue.
It said this comes as Bursa Malaysia'' ' the only market across the region to finish in the red on Thursday'' ' could recover after the 4.7-point dip.
'Nevertheless, trading interest is expected to be quite slow today as most regional peers (like Singapore, Indonesia, Philippines, Hong Kong and India) are on holidays today,' it said.
Hwang DBS Vickers Research said Wall Street ' which saw its key equity indices rising between 0.4% and 0.6% last night ' would also be closed Friday.
Amid a relatively quiet market backdrop, counters that could attract attention today include: (a) RHB Capital, after a media report said two foreign parties are in the midst of making a joint bid to acquire a stake in the bank; (b) Jerneh Asia, which has signed an MOU to explore a proposed acquisition of a Sabah-based property developer; and (c) CBIP, as the company has just announced a proposal to undertake a 1-for-1 bonus issue.
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