Snapshots


  • Business
  • Wednesday, 16 Jul 2003

  • AZRB: Interest in this construction company was sparked by a write-up that noted its oil and gas “angle” had been overlooked in the current excitement over oil and gas stocks. Investors quickly bought into this potential when they realised AZRB's oil and gas division contributes some 40% of its pre-tax profit. Consequently, the counter was one of the top gainers yesterday, touching an intra-day high of RM4.14 before closing at RM3.94 for a gain of 28 sen. 

    For the latest AZRB share prices and charts click here

     

  • CMSB: CONFIRMATION of the government's award of a RM375mil, 15-year Sarawak road maintenance contract to the group sent its shares surging after the opening bell. The counter finished 24 sen higher at RM2.27 on a volume of 1.5 million shares. Some market observers believe, the company, which is the investment arm of the Sarawak SEDC, has "speculative appeal". 

    For the latest CMSB share prices and charts click here

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