Quick take: Opcom shares hit highest in six years

KUALA LUMPUR: Shares in Opcom Holdings Bhd continued its uptrend in early trade Wednesday, rising to its highest in over six years.

The fibre optic cables manufacturer jumped 10.81%, or 12 sen to RM1.23, its highest since April 2015 at 9.21am. The counter also saw brisk trading with 37.7 million shares done. It has risen almost 220% so far this year.

Opcom returned to the black in the first quarter ended June 30, with a net profit of RM2.64mil against a net loss of RM752,000 a year ago.