PETALING JAYA: Robust 2023 earnings have been pushing poultry-related stocks – with some counters having experienced a “mini bull run” on Bursa Malaysia especially since the beginning of the year.
Lay Hong Bhd
’s share price, which was 30% higher since mid-February, closed at 39 sen last Friday while Teo Seng Capital Bhd
had soared 44% year-to-date (y-t-d) to RM2.30 on Feb 20 before paring its gains in the last three weeks to close at RM1.91 last Friday.
