Quick take: Pos Malaysia rises 6% on potential postal tariff hike


KUALA LUMPUR: Pos Malaysia Bhd, which has been on an uptrend, added almost 6% in early trade on speculation that it might be obtaining a postal tariff hike. 

The postal group gained 5.95%, or 10sen to RM1.78, making it one of the top gainers on Bursa Malaysia with 3.9 million shares traded. In the past one year, Pos Malaysia has fallen some 52%.

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Pos Malaysia

   

Next In Business News

Industrial projects look increasingly attractive
Dutch Lady’s balancing act amid escalating costs
Demand for co-working space remains resilient
Fed dampens hopes for rate cut
F&N to use cost management measures
Changing office space requirements
Naza makes entry into green economy
CapBay aims to provide financing to more SMEs
New initiative for infrastructure needs in Perak
Ocean Fresh seeks ACE Market listing

Others Also Read