IT is said that oil and water don't mix but stocks involved in basically any aspect of the water industry have seen a run-up in recent weeks akin to that of the spectacular bull run involving the oil and gas counters.
But for the majority of analysts, the similarity ends here. Those who did not buy into the rise of oil and gas stocks say the rally in water stocks is more believable than the run in oil and gas.
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!