PETALING JAYA: The respite for small-cap stocks battered by the sell-off in recent weeks appears to have been short-lived as some of the worst-hit counters have again come under selling pressure today.
PETALING JAYA: Three stocks linked to businessman Yu Kuan Chon have succumbed to selling pressure in recent days, prompting Bursa Malaysia to issue unusual market activity (UMA) queries to two of the companies yesterday.
theedgemarkets.com highlighted nine stocks with momentum at Bursa Malaysia's afternoon close on Tuesday (Oct 25). Three had positive momentum, while six showed negative momentum.
KUALA LUMPUR (Feb 4): The main index of Bursa Malaysia reversed its earlier loss and climbed in the mid-morning today, but gains were seen capped against a backdrop of lacklustre regional markets.
At 10am, the FBM KLCI had risen 1.61 points to 1,584.60. The index earlier slipped to a low of 1,581.36.
Gainers led losers by 469 to 282, while 397 counters traded unchanged. Trading volume was 1.6 billion shares valued at RM884.42 million.
The top gainers included Malaysian Pacific Industries Bhd, See Hup Consolidated Bhd, Kobay Technology Bhd, Genetec Technology Bhd, ViTrox Corp Bhd and Khind Holdings Bhd.
The actively traded stocks included Luster Industries Bhd, KNM Group Bhd, Sanichi Technology Bhd, Dagang NeXchange Bhd (DNeX), AbleGroup Bhd, Iris Corp Bhd and PA Resources Bhd.