Swift Energy Technology Bhd (SETB) made a strong debut on the ACE Market, recording a 23.21% surge in its share price to close at RM0.345 on Wednesday.
The stock opened at RM0.360 and reached an intraday high of RM0.370 before settling at RM0.345, with 879,237 shares traded. This marked an RM0.065 gain from its initial listing price of RM0.280, showcasing a bullish start for the company. The buy-sell spread reflected strong investor interest, with buy orders at RM0.345 (41,560 lots) and sell orders at RM0.350 (18,271).
In related news, overall trading on the ACE Market showed mixed activity. Buy volumes for SETB stood out significantly at 41,560 lots, indicating robust participation compared to other counters. Meanwhile, other ACE Market stocks experienced moderate interest, reinforcing SETB's dominance as a highlight of the day.
