Share market stages rebound


  • Business
  • Thursday, 06 May 2004

THE local stock market staged a modest rebound yesterday as investors went bargain-hunting for blue chips such as Telekom Malaysia Bhd and IOI Corp Bhd, which had fallen quite sharply last week.  

Analysts said the recovery in prices of these counters was encouraging, although a lack of sustained buying support limited their gains.  

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


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!
   

Next In Business News

Trading ideas: Scientex, Solarvest, Supermax, Salcon, Pentamaster, Globetronics, Mr DIY, MCE
Salcon unit bags RM9.7mil sewerage deal
Brisk sales for Sunway’s Velocity 3
Scientex to deploy large-scale solar PV system
Velesto poised to see stronger earnings in 2024
Minimal impact forecast for breweries from beer price hike
Wage reform concerns
VSTECS shares hit all-time high
Brahmal is major shareholder of MCE Holdings
Car sales expected to moderate this year

Others Also Read