KUALA LUMPUR: JF Apex Research expects TM Life Sciences, APM Automotive and Perstima to be among the stocks which could see trading action on Monday.TMC Life's 4QFY16 net profit doubled to RM5.87mil from RM2.89mil a year ago due to better interest income and higher revenue, while the previous year saw higher corporate exercise cost.APM Automotive set up a 60:40 joint venture with Japan's Delta Kogyo Co Ltd to develop automobile seating system for Mazda cars.Perstima’s 2QFY17 net profit slipped 6% on-year to RM13.25mil from RM14.08mil a year ago, due to lower profit margin.Last Friday, US markets erased intraday gains and ended lower on Friday after FBI said it is investigating emails related to presidential candidate Hillary Clinton.Earlier, European stocks declined amid quarterly earnings announcements and anticipation of a rate hike by the US Federal Reserve.At Bursa, the FBM KLCI added 1.24 points to close at 1,670.24 on Friday to extend its sideways movement. “Following the lacklustre performance in the US and Europe, the FBM KLCI is expected to remain flat below the resistance of 1,675,” it said.

Source: The Star October 31, 2016 01:37 UTC