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KUALA LUMPUR: Stocks that could see price action on Tuesday after recent corporate announcements include Sapura Energy, Bermaz Auto, Evergreen Fibreboard, Pertama Digital, Ramssol Group and BTM Resources, according to JF Apex Research.Sapura Energy narrowed its net loss by 56% to RM669.34mil for 3QFY22, from RM1.52 billion in the previous quarter of 2QFY22, as 2QFY22 saw higher project costs recognised for certain projects and a provision for foreseeable losses.Bermaz Auto’s net profit was up 5.04% yoy from RM24.79mil in 2QFY21, despite revenue declining 19.34% from RM599.84mil due to reduction in sales volume.Evergreen Fibreboard said a fire broke out at its wholly-owned subsidiary's wood fibre storage bin in Segamat, Johor, on Saturday (Dec 11) morning, which killed two people.Pertama Digital has inked a memorandum of understanding with CGS-CIMB Securities Sdn Bhd to develop and bring to market, digital financial services that empower investors in post-pandemic Malaysia.Ramssol Group has partnered with training and advisory services company Elmu V Sdn Bhd to expand its IT-related training business.BTM Resources’ wholly-owned subsidiary, BTM Biomass Products Sdn Bhd has signed a proposed lease of leasehold industrial land with Perbadanan Memajukan Iktisad Negeri Terengganu (PMINT) for a 30-year term lease of 8.09 hectares (20 acres) in Teluk Kalong, Kemaman , Terengganu. Meanwhile, JF Apex expects the FBM KLCI to remains sideways over the coming sessions above the support of 2,480 as it maintains a flattish trend.This comes on the back of the benchmark index's 5.98-point advance to 1,494.86 points in the previous session.Overnight, the US market had plunged following renewed concerns over the Omicron variant.The UK had warned of a tidal wave of Covid cases due to the new variant, which triggered a fall in European stocks.Investors will have their eyes peeled for monetary policy decisiosn by central banks in the US, England, Japan and Europe later this week.


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