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High Drama and Big Impact: Trump’s Bold Tariff Plans and What to Expect

Expect significant new tariffs on Chinese imports and moderate levies on goods from other nations , as President-elect Donald Trump rolls out his protectionist agenda. However, with his preference for chaotic policymaking and sudden shifts , there’s uncertainty on how soon these import taxes will actually hit. Dubbed “ Tariff Man ,” Trump aims to use tariffs both strategically and tactically . He’s mentioned taxing all Chinese goods up to 60% and potentially setting 10%-20% tariffs on imports globally , but details on these plans remain vague . Key players within Trump’s team are divided: Robert Lighthizer , a staunch tariff advocate, sees permanent duties as crucial to balance US trade , while others, like billionaires John Paulson and Scott Bessent , view tariffs as temporary leverage. Trump’s previous administration had mixed feelings, especially on national security-related trade limits , which he sometimes dismissed, favoring an “open for business” approach. High-profile busin
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Stocks with Momentum: Optimax, Betamek, Velocity Capital, Oceancash, Kim Loong

 

theedgemalaysia.com has identified six stocks with notable momentum on Bursa Malaysia as of the noon market break on Wednesday.

Positive Momentum Stocks

  1. Optimax Holdings Bhd (KL)

    • Price Movement: Up four sen or 5.88% at 72 sen
    • Description: Optimax Holdings Bhd specializes in eye specialist services.

  2. Betamek Bhd (KL)

    • Price Movement: Up 3.5 sen or 8.33% at 45 sen
    • Description: Betamek Bhd is involved in the manufacturing and supply of electronic products for the automotive industry.

  3. Velocity Capital Partner Bhd (KL)

    • Price Movement: Down half a sen or 6.67% at seven sen
    • Description: Velocity Capital Partner Bhd operates in the financial and investment sector.

Negative Momentum Stocks

  1. Oceancash Pacific Bhd (KL)

    • Price Movement: Up 1.5 sen or 3.53% at 44 sen
    • Description: Oceancash Pacific Bhd produces and distributes felt and nonwoven fabrics primarily for the automotive industry.

  2. Kim Loong Resources Bhd (KL)

    • Price Movement: Up nine sen or 3.90% at RM2.40
    • Description: Kim Loong Resources Bhd is involved in the cultivation of oil palm and processing of palm oil.

Algorithmic Insights

The list of stocks with momentum is generated using a proprietary mathematical algorithm that identifies stocks with significant changes in trading volume and price movements.

  • Positive Momentum (+ve): Indicates a rising price trend on increased volume.
  • Negative Momentum (-ve): Indicates a falling price trend on increased volume.

Note: This list is not a buy or sell recommendation but highlights stocks with higher-than-normal volume and price movements. Momentum tends to persist for a short period. Investors should consider the fundamental score and valuation score for each stock if they wish to ride the momentum.

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