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Bursa advises investors to exercise caution when trading Dataprep shares

Bursa advises investors to exercise caution when trading Dataprep shares
theedgemarkets.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theedgemarkets.com Daily Mail and Mail on Sunday newspapers.

Kuala lumpurDataprep holdings bhdRidaa associates sdn bhdBursa malaysia securitiesMalaysia securitiesகுவாலா லம்பூர்மலேசியா பத்திரங்கள்

Dataprep shares hit limit up as trading volume pares down

Shares of Dataprep Holdings Bhd closed at limit-up on Tuesday, taking a cue from the technology-themed rebound despite a gradual decline in trading volume over the counter.

Kuala lumpurDataprep holdings bhdRidaa associates sdn bhdBursa malaysiaBursa securitiesகுவாலா லம்பூர்

After penny stocks, now small-caps in vogue

KUALA LUMPUR (March 6): As the penny stock fever cools, trading interest appears to have shifted to small- and mid-cap companies, with more share price spikes seen across this segment recently. One company whose shares were among the most sought after this week was loss-making IT company Dataprep Holdings Bhd. Over the week, Dataprep shares jumped 92.79% or RM1.03 to emerge as the top gainer in percentage change, being only second behind Malaysia Pacific Industries Bhd (MPI) in terms of weekly change by value. The counter breached the RM2 mark this week and hit a record high of RM2.27 before settling at RM2.14 on Friday, which gave the group a market capitalisation of RM1.29 billion.

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FBM KLCI tracks regional markets to end lower as sentiment weighed by bond yield rise

KUALA LUMPUR (March 4): The FBM KLCI closed down 7.19 points or 0.45% today tracking the negative performance of Asian equities after an overnight surge in bond yields again dragged shares on Wall Street. At 5pm, the benchmark index closed at 1,581.26 points. Today, the index had mostly traded in negative territory, ranging between 1,577.39 and 1,590.46 compared with yesterday’s closing of 1,588.45. Malacca Securities Sdn Bhd senior analyst Kenneth Leong told theedgemarkets.com the weakness in the local bourse performance today was in line with regional markets after Wall Street dropped yesterday due to rising Treasury yield. The rising yield has sparked investors concerns that this may prompt central banks to raise ultra-low interest rates, which is bad for the equity market.

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Dataprep spikes past RM2 for first time to all-time high

Dataprep spikes past RM2 for first time to all-time high
theedgemarkets.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theedgemarkets.com Daily Mail and Mail on Sunday newspapers.

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