WEEKLY FORECAST RESULT FOR 1907/2307

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ReferenceWeekly Watchlist & Forecast For Bursa Malaysia Stocks 1907/2307

1. QES GROUP BERHAD (0196)

Detect Price : 0.850
Max Price :  0.900
Max Change : +0.050
Max Result : 5.88%

2. AEMULUS HOLDINGS BERHAD (0181)

Detect Price : 0.930
Max Price :  1.05
Max Change : +0.120
Max Result : 12.90%

3. MCLEAN TECHNOLOGIES BERHAD (0167)

Detect Price : 0.470
Max Price :  0.505
Max Change : +0.035
Max Result : 7.45%

4. CENSOF HOLDINGS BERHAD (5195)

Detect Price : 0.480
Max Price :  0.525
Max Change : +0.045
Max Result : 9.38%

5. YGL CONVERGENCE BERHAD (0086)

Detect Price : 0.265
Max Price :  0.315
Max Change : +0.050
Max Result : 18.87%

6. PRIVASIA TECHNOLOGY BERHAD

Detect Price : 0.235
Max Price :  0.255
Max Change : +0.020
Max Result : 8.51%

TOTAL MAX RESULT : 62.99%

The previous rally was short-lived as the FBM KLC returned to profit-taking mode on Friday, with expectations that it will close the day firmly in consolidation mode. At 12.30pm, the index was down 3.52 points to 1,524.1.

This came as Malaysia’s daily new Covid-19 infections rose to its second highest on record yesterday at 13,034 cases, further disappointing hopes that the pandemic situation was easing.

In Asian markets, the volatility caused by changing sentiment over the pace of the economic recovery and resurgence of Covid infections saw investors retreating to the sidelines.

Analyse by Independent Analyst Zack Baharum

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Disclaimer:
Everything shared here can only be used for educational purposes. There is no buy/sell call for any counters mentioned in this portal. We hold NO responsibility and you should always consult your remisier or adviser for investment decisions.

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