PENNY stocks crumbled yesterday after Multi Vest Resources (MVest) and Golden Plus Holdings Bhd (GPlus) hit limit down in afternoon trade.
Analysts felt the sudden plunge in the stock prices of MVest and GPlus soured sentiment on other penny stocks, sending the broader market lower. But blue chips rose sufficiently to push the Kuala Lumpur Composite Index (KLCI) up 3 points to 897.
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