Published: Wednesday June 27, 2012 MYT 8:24:00 AM
HDBSVR sees marginal positive bias for KLCI
It said on Wednesday that from a technical perspective, the benchmark index is expected to swing sideways with a marginal positive bias.
On Wall Street, key indices rose between 0.3% and 0.6% last night as sentiment was lifted by better US housing data.
As for Bursa Malaysia, it said among the counters that might draw interest include UMW Holdings, which has agreed to acquire an oil & gas company together with a rig for US$214mil.
TSH Resources had proposed a joint takeover offer of one plantation company for a total consideration of RM625mil.
Muhibbah Engineering had announced a bank has withdrawn its support pertaining to a proposed restructuring scheme of its Asia Petroleum Hub project in Johor.