PETALING JAYA: Construction counters continue to be on the uptrend - this time driven by the potential revival of the Kuala Lumpur-Singapore high-speed rail (HSR) project.
Stocks seen as beneficiaries of the project such as George Kent (M) Bhd
, YTL Corp Bhd, MMC Corp Bhd, Gamuda Bhd and Iskandar Waterfront City Bhd (IWCity) were up.This followed an announcement by Prime Minister Tun Dr Mahathir Mohamad that Malaysia was exploring proposals aimed at reducing the cost of the HSR project.
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