KUALA LUMPUR (Nov 25): Hwang DBS Vickers Research said Asian equities would probably swing sideways on Friday pending the emergence of fresh market leads.
Over in the Europe, most stock exchanges ended between flat and marginally weaker on Thursday while Wall Street was closed for Thanksgiving.
“Back home, after staging a technical rebound yesterday, the benchmark FBM KLCI might slip below its immediate support level of 1,445 ahead,” it said.
HDBSVR said against the weak market backdrop, stocks that could be in the limelight today include: (a) MISC, which could benefit from its exit from the loss-making liner business; and (b) Perdana Petroleum, DRB-Hicom and Coastal Contracts following the release of their latest quarterly results that fell short of expectations.
Over in the Europe, most stock exchanges ended between flat and marginally weaker on Thursday while Wall Street was closed for Thanksgiving.
“Back home, after staging a technical rebound yesterday, the benchmark FBM KLCI might slip below its immediate support level of 1,445 ahead,” it said.
HDBSVR said against the weak market backdrop, stocks that could be in the limelight today include: (a) MISC, which could benefit from its exit from the loss-making liner business; and (b) Perdana Petroleum, DRB-Hicom and Coastal Contracts following the release of their latest quarterly results that fell short of expectations.
