Technology-related stocks are the clear winners when it comes to Bursa Malaysia’s Top 50 gainers’ list in percentage terms, with four out of the top five positions clinched by such counters.
Precision machine components manufacturer Dufu Technology Corp Bhd made the biggest gain by almost 247% in the May 8-Nov 30 period, lifting its market capitalisation to RM644.85mil.
Dufu, which also appears among Bursa Malaysia’s top 50 absolute market capitalisation gainers, saw its share price rising from 71 sen to RM2.45 in just less than seven months. The company completed its bonus issue of up to 87,735,185 new ordinary shares on the basis of one bonus share for every two existing shares on Nov 30.
Supercomnet Technologies Bhd , which makes high-tech wires and cables, is the second top gainer, with its share price surging by 104.4% from 34 sen to 70 sen. The ACE Market-listed stock has a market value of RM446.89mil.
Semiconductor players Frontken Corp Bhd and Unisem (M) Bhd are ranked third and fifth in the list, with their share prices rising by 102.5% and 78% respectively.
Bursa Malaysia’s biggest gainers and decliners
Top 50 gainers in absolute terms
GLCs and construction stocks among major losers