KUALA LUMPUR: Hwang DBS Vickers Research (HDBSVR) expects Perisai Petroleum, IHH Healthcare and Mah Sing to attract trading interest on Wednesday as the market stages a technical rebound.
The research house said Perisai Petroleum is targeting a 30% growth in profit for the next three years while IHH Healthcare aims to grow its revenue by strong double-digits this year.
As for Mah Sing, the property developer indicated that it was on track to achieve its RM3bil sales projection for 2013.
On the market outlook, HDBSVR said a technical rebound was on the cards for the Malaysian equities.
“The benchmark FBM KLCI could recoup parts of its cumulative loss of 45.4 points or 2.6% (suffered over the last five successive days) as it makes its way towards the immediate support-turned-resistance line of 1,750 ahead.
“Essentially, Asian equities may track an overnight rise on Wall Street. Leading US bellwethers rose between 0.7% and 0.9% at the closing bell on hopes that its economic recovery remains on track,” it said.
Source from biz.thestar.com.my
No comments:
Post a Comment