Technology stocks on Bursa Malaysia tumble again as US big tech shares crashed on US tapering concerns. It was again a sea of red for the sector with Bursa Malaysia Technology Index slipping 5.52 points or 6.2% to 83.45 on Friday's (Jan 14) noon break.
Based on corporate announcements and news flow on Wednesday (Jan 12), companies that may be in focus on Thursday include CIMB Group Holdings Bhd, S P Setia Bhd, HIL Industries Bhd, Vsolar Group Bhd, Nestcon Bhd, KPJ Healthcare Bhd, XOX Technology Bhd, Dolphin International Bhd and Fintec Global Bhd.
Notable filings For the week of Nov 29 to Dec 3, notable changes in shareholding at companies listed on Bursa Malaysia included those at EA Holdings Bhd (EAH), which saw property developer VinVest Capital Holdings Bhd, formerly Vivocom Intl Holdings Bhd, emerge as a substantial shareholder of the ACE Market-listed IT company.
KUALA LUMPUR (Dec 8): Based on corporate announcements and news flow on Wednesday, companies in focus on Thursday (Dec 9) may include: ManagePay Systems Bhd (MPay), CTOS Digital Bhd, Top Glove Corp Bhd, Scientex Bhd, TAFI Industries Bhd, Gamuda Bhd, SKP Resources Bhd (SKP), Petronas Gas Bhd (PetGas), VS Industry Bhd, WZ Satu Bhd, Sapura Energy Bhd, Edaran Bhd, Axiata Group Bhd and Toyo Ventures Holdings Bhd.
theedgemarkets.com highlighted six stocks with momentum at Bursa Malaysia's afternoon close on Monday (Nov 29). Two stocks showed positive momentum, while four indicated negative momentum.