TM surges, DiGi falters at midday


  • Business
  • Wednesday, 23 Apr 2008

KUALA LUMPUR: Telekom led blue chips higher at midday on Wednesday, while oil and gas (O&G) stocks continued to attract attention as crude oil prices continue to climb to record high to nearly US$120 (RM375) per barrel.

However, DiGi emerged as the top loser as some investors switched out of the counter to pick up Telekom shares. The reference price of Telekom shares was RM3.01 after the demerger exercise where it would focus on fixed line business.

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