PETALING JAYA: Shares of Malaysian Bulk Carriers Bhd (Maybulk) rose to a new high this year as the company saw renewed trading interest with investors factoring in the higher recent demand for dry commodities from China as well as improved global macroeconomic prospects.
At the close, Maybulk’s stock closed at 83.5 sen, representing a seven-sen increase from Monday. To date, the stock has risen 17% and is trading at its highest point since July last year.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!