Eye on stock; Malaysian Bulk Carriers

Malaysian Bulk Carriers Bhd (Maybulk, code: 5077) rebounded from an all-time low of 51 sen on March 1 to set a new high for this year at RM1 on April 7 in the wake of renewed bargain-hunting interest before slipping back into correction mode owing to apparent profit-taking activity.

This stock was traded at 81.5 sen, up two sen, yesterday.