DESPITE analysts' generally neutral stance on top heavyweights Malayan Banking Bhd (Maybank), Tenaga Nasional Bhd (TNB) and Telekom Malaysia Bhd, their shares have outperformed the market of late.
Since the announcement of the start of operation by Valuecap Sdn Bhd on Jan 10, Maybank's share price has gone up by 9.4%, Telekom (9.5% ) and TNB (9.8%) compared with a 6.7% increase on the benchmark KLSE Composite Index (CI).
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