PETALING JAYA: Construction stock UEM Builders Bhd climbed 2 sen to a 52-week high of RM1.02 in heavy volume yesterday, following the release of a research report by UOBKayHian.
Institutional investors bought a lot of the stock after the 15-page research report was issued, dealers said. As a result, a turnover of more than 20.2 million shares was recorded yesterday.
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