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MESDAQ counters, which have fallen some 26% in terms of price since early this year, have started to move as investors appear to be picking up shares of lower liners.
SMALL and medium-cap stocks are likely to attract more interest from investors and fund managers over the next six to 12 months, creating the potential for them to outperform their heavyweight and blue-chip peers in the medium term, said SBB Securities senior analyst Ng Jun Sheng.
OPCOM Holdings Bhd expects a robust and dynamic local market for fibre optic cables to help drive the company's future earnings, said chairman and managing director Datuk Mukhriz Mahathir.
INITIAL public offerings (IPOs) should do better this year given that the economy is expected to expand faster than it did last year. At the same time, the shorter time-to-listing is seen to reduce market risks quite significantly.
After a somewhat lacklustre pre-Christmas performance last week, the KL stock market put up a much better show yesterday, raising hopes that it may yet end the year with a bang rather than a whimper.