Poh Kong strikes gold on US-Iran attacks


Poh Kong and Tomei were among the biggest gainers on the stock exchange yesterday.

PETALING JAYA: Shares of Poh Kong Holdings Bhd surged more than 30% as investors turned towards gold as a safe haven asset in the midst of market turbulence.

This followed yesterday’s attack by Iran on military facilities in Iraq housing American troops.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

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!

Poh Kong , Tomei , gold , US , Iran , attack , shares , Bursa , gainers ,

   

Next In Business News

Property market recovery on the horizon
Meta projects higher spending, weaker revenue
Buyout proposal for Anglo American could reshape copper market
Bank asset values in UK face 5% hit this decade
Nasa chief asks nations to work together on climate change
AI memory boom propels SK Hynix’s numbers
NYCB faces tough choices on CRE loans, balance sheet diversification
Battery stocks’ rally in India likely to extend
Ford profit up on sales of commercial vehicles
Congo accuses Apple of using ‘blood minerals’ from war-torn east

Others Also Read