KUALA LUMPUR: Hwang DBS Vickers Research said although regional peers were mostly down on Wednesday, Nov 17, it expected stocks on Bursa Malaysia to probably show a sideways performance with a small upward bias on Thursday.

On Wednesday, China shares listed in Hong Kong fell 2.4%, Hong Kong (-2.0%) and Philippines (-1.7%). On Wall Street, major U.S. equity indices ended broadly flat (-0.1% and +0.2%) overnight, stabilising after plunging between 1.6% and 1.8% on Tuesday. This would likely calm investors' sentiment across the region for now.

"In terms of individual corporate developments, big-cap Sime Darby may see a bit more interest after the company said it intends to pursue legal action to recover billions of dollars that were lost due to mismanagement," it said.

Hwang DBS Vickers Research said CONSTRUCTION [] outfit WCT is due to announce its latest quarterly financial results this evening.