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Xian Leng gets UMA query as share price hits 15-year high


KUALA LUMPUR (Feb 22): Fish breeder Xian Leng Holdings Bhd has been slapped with an unusual market activity (UMA) query by Bursa Malaysia over the sharp rise in its share price and volume.
Over the past week, the stock had risen 62 sen or 63.3% from 98 sen. Since the beginning of this year, it has gained 181%.
The momentum continued today, with the counter closing the day 29 sen or 22.14% higher at a 15-year high of RM1.60, valuing the group at RM153.36 million.
Some 17.48 million Xian Leng shares were traded today, 22.7 times more than its 200-day average volume of 769,913 shares.
Bursa has asked Xian Leng to disclose any corporate development, rumour or report concerning the business and affairs of the group, and any other possible reasons, for the sharp increase in its share price. ....

Kuala Lumpur , Xian Leng Holdings Bhd , Bursa Malaysia , Xian Leng , Bursa Securities Listing Requirements , குவாலா லம்பூர் , ஐயியாந் லெங் ஹோல்டிங்ஸ் ப்ட் , ஐயியாந் லெங் ,

Asiafile, BSLCorp, FPI, Inari, Pineapp, Toyoven, Xianlng, YBS, KPower, PRG, SCIB


The stocks with negative momentum were:
Asia File Corp Bhd up five sen at RM2.16
BSL Corp Bhd up two  sen at 69.5 sen
Formosa Prosonic Industries Bhd up 16 sen at RM2.5
Inari Amertron Bhd up 11 sen at RM2.86
Pineapple Resources Bhd down 3.5 sen at 45 sen
Toyo Ventures Holdings Bhd  up 37 sen at RM2.7
Xian Leng Holdings Bhd up 4.5 sen at 75.5 sen
YBS International Bhd up 2.5 sen at 21 sen
The stocks with positive momentum were:
KPower Bhd up 22 sen at RM2.44
PRG Holdings Bhd up three sen at 22.5 sen
Sarawak Consolidated Industries Bhd up nine sen at RM1.68
The list of stocks with momentum is generated using a proprietary mathematical algorithm highlighting stocks with a build-up in trading volume and price. The algorithm differentiates between stocks that exhibit positive (+ve) momentum and negative (-ve) momentum. ....

Kuala Lumpur , Inari Amertron Bhd , Kumpulan Powernet Bhd , Asia File Corp Bhd , Corp Bhd , Formosa Prosonic Industries Bhd , International Bhd , Sarawak Consolidated Industries Bhd , Toyo Ventures Holdings Bhd , Xian Leng Holdings Bhd , Holdings Bhd , Bursa Malaysia , File Corp Bhd , Prosonic Industries Bhd , Amertron Bhd , Resources Bhd , Ventures Holdings Bhd , Leng Holdings Bhd , Powernet Bhd , Consolidated Industries Bhd , குவாலா லம்பூர் , ஆசியா கோப்பு கார்ப் ப்ட் , கார்ப் ப்ட் , சர்வதேச ப்ட் , சரவாக் தொகுக்கப்பட்டு தொழில்கள் ப்ட் , டோயோ முயற்சிகள் ஹோல்டிங்ஸ் ப்ட் ,

Amtel, Bertam Alliance, BSL Corp, Cam Resources, CN Asia, DGB, EG Industries, HPMT, Ipmuda, Kobay, Kretam, Leweko, MSC, Nova MSC, Omesti, Rex, Theta, Toyo, Xian Leng


The stocks with negative momentum were:
Amtel Holdings Bhd up 25 sen at RM2.23
Bertam Alliance Bhd up two sen at 17 sen
BSL Corp Bhd   up nine sen at 47.5 sen
Cam Resources Bhd up 2.5 sen at 42 sen
CN Asia Corp Bhd  down five sen at RM2.30
DGB Asia Bhd up three sen at 30 sen
EG Industries Bhd up nine sen at 68 sen
HPMT Holdings Bhd down 1.5 sen at 45 sen
Ipmuda Bhd up nine sen at RM1.08
Kobay Technology Bhd  up 41 sen at RM3.50
Kretam Holdings Bhd  up 1.5 sen at 59.5 sen
Leweko Resources Bhd  down one sen at 18 sen
Malaysia Smelting Corp Bhd (MSC)  up 10 sen at RM1.60 ....

Kuala Lumpur , Asia Bhd , Ipmuda Bhd , Omesti Bhd , Bertam Alliance Bhd , Kretam Holdings Bhd , Kobay Technology Bhd , Cn Asia Corp Bhd , Corp Bhd , Amtel Holdings Bhd , Toyo Ventures Holdings Bhd , Malaysia Smelting Corp Bhd , Eg Industries Bhd , Xian Leng Holdings Bhd , Holdings Bhd , Bursa Malaysia , Alliance Bhd , Resources Bhd , Technology Bhd , Smelting Corp Bhd , Industry Bhd , Edge Bhd , Ventures Holdings Bhd , Leng Holdings Bhd , குவாலா லம்பூர் , ஆசியா ப்ட் ,