Construction stocks continue upward trend


At 5pm yesterday, shares of Sunway Construction Group Bhd was up two sen to 1.67, Malaysian Resources Corp Bhd inched up one sen to 46 sen, Gamuda Bhd rose three sen to RM3.08 and WCT Holdings Bhd also closed 1.16% higher at 44 sen.

PETALING JAYA: Construction stocks ended mostly higher, in line with regional markets. The Bursa Malaysia Construction Index has risen 3% over the past one month.

The index has been steadily growing more than 25% since March 23.

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!

Sunway , Muhibbah , Ekovest , Hong Leong , ECRL

   

Next In Business News

Profit-taking in the market, KLCI down 0.14%
EPF balancing between retirement mandate and supporting members' economic survival
Asian stocks hit by US tech slide, FX subdued
CelcomDigi emphasises its significant role in protecting customers from AI-related risks
China's largest auto show showcases all-electric future, local brands dominate
Unilever beats first quarter sales forecasts, sticks to 2024 outlook
Oil steady as market weighs US demand concerns, Middle East conflict risks
HeiTech Padu targets stronger earnings growth after returning to black in 2023
PBOC may up bond trading
Rafizi: Govt to share details on subsidy rationalisation mechanism

Others Also Read