Share price of logistic firms continue to rise


New partner: GDex

PETALING JAYA: After having already rallied over the last few weeks, some logistics counters continued to rise, although analysts have attributed specific reasons as to why three particular stocks performed well.

Yesterday, leading package delivery services provider GD Express Carrier Bhd (GDEx) rose 12 sen to hit a new high of RM2.12, nudging its historical price earnings ratio up to a whopping 78.18 times.

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