‘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”.

Get 30% off with our ads free Premium Plan!

Monthly Plan

RM13.90/month
RM9.73 only

Billed as RM9.73 for the 1st month then RM13.90 thereafters.

Annual Plan

RM12.33/month
RM8.63/month

Billed as RM103.60 for the 1st year then RM148 thereafters.

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!

Next In Business News

Oil set for third straight weekly decline amid tariff concerns
Malaysia's IPI up 4.6% in Dec 2024
FBM KLCI poised to end week on a high note
Perodua sets aside RM1.6bil capex for expansion plans in 2025
Construction of Proton's EV plant in Tanjung Malim underway
Measat inks MoU with China's Spacesail to advance LEO satellite services
Ringgit opens slightly higher against US$ as Fed mulls interest rate cuts
FBM KLCI comes within striking range of 1,600
Trading ideas: Notion Vtec, Gamuda, Inari, Icon. Bank Islam, Northern Solar, Zecon, IHH, MN, Scomi Energy, Bina Puri, LCTitan, BAT
SocGen doubles 4Q profit as retail unit rebounds

Others Also Read