Shares of poultry companies on the rise

Removal of chicken ceiling price seen as a good move

PETALING JAYA: Bursa Malaysia-listed companies in the poultry industry saw their share prices rise, riding on news that chicken prices can be floated according to the market from July 1.

The share price of Leong Hup International Bhd rose two sen to close at 53.5 sen, while Lay Hong Bhd jumped 1.5 sen to 28.5 sen, QL Resources Bhd was flat at RM5.10, Teo Seng Capital Bhd rose four sen to 81 sen and CCK Consolidated Holdings Bhd was up three sen to 59 sen.