Quick take: Ekovest, IWCity fall in active trade

  • Business
  • Monday, 08 Jul 2019

Genting slumped 15 sen to RM6.80 and erased 1.01 points while GentingM was down three sen to RM3.25 following the recent corporate news which were viewed as negative by investors.

KUALA LUMPUR: Shares of Ekovest and Iskandar Waterfront City (IWC) fell in active trade on Monday as interest faltered in the stocks amid the weaker broader market.

The stock are related to Tan Sri Lim Kang Hoo had seen active trade over the past several months, riding the volatity on speculative news.

At 3.36pm, Ekovest was down 5.5 sen to 81.5 sen with 143 million shares done.

IWC lost eight sen to RM1 with 56 million shares traded.

These stocks were among construction counters which had seen active trade in recent months as punters bet on the  revival of mega-infrastructure projects such as the East Coast Rail Link (ECRL) and Bandar Malaysia.
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