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Public Bank, Eco World Development, Managepay Systems, Poh Kong and Tanjung Offshore could see trading interest on Thursday amid tough market conditions after the overnight plunge on Wall Street, says JF Apex Research.
It said US markets plunged after February durable goods order dropped, indicating weak global demand and stronger US dollar. Similarly, European stocks fell sharply despite better-than-expected business sentiment data in Germany.
At Bursa Malaysia, the FBM KLCI closed up 5.06 points to 1,819.10 to extend its winning streak.
U.S. stocks were bludgeoned in Wednesday trading with the Dow threatening a 300-point drop as the Nasdaq Composite suffered its steepest decline since April 2014 as investors dumped technology and biotechs shares.
The S&P 500 SPX, -1.46% fell 30.45 points, or 1.5% to 2,061.05, with nine of its 10 main sectors finishing sharply lower.
The dollar traded lower against its rivals Wednesday, continuing a bearish pattern that has persisted since Federal Reserve policy makers signaled one week ago that they would begin raising interest rates later than the market had expected.
The euro EURUSD, +0.17% was at $1.0974, compared with $1.0924 late Tuesday in New York.
The dollar has weakened against the euro during three of the past five sessions.
The dollar USDJPY, -0.41% was at ¥119.41, compared with ¥119.74. The pound GBPUSD, +0.07% rebounded against the buck, trading at $1.4916, compared with $1.4847.
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April platinum PLJ5, +0.30% gained $5 to end at $1,146.50 an ounce.
June palladium PAM5, +0.31% rose $1.70 to $765.40 an ounce.
May copper HGK5, +0.50% fell 1 cent to $2.79 a pound.
April natural gas NGJ15, +0.44% continued lower, settling at $2.723 per million British thermal units, down 6.3 cents, or 2.3%, after climbing 1.9% a day earlier.
