‘Sweeter’ prospects for MSM this year

According to a dealer, the stock is on the radar for several reasons.

SHARES of MSM Malaysia Holdings Bhd have been on a steady uptrend since early November, closing over 50% higher at RM1.93 yesterday, with a market capitalisation of RM1.36bil.

In a note to clients on Jan 18, AmInvestment Bank said the stock was trading above the 20-day exponential moving average (EMA), “reinforcing its upward trajectory”.