DNeX jumps 16%, most active on Bursa on news of partnership with Google Cloud

KUALA LUMPUR: Shares in Dagang Nexchange Bhd (DNeX) jumped over 16% in early trade Tuesday after announcing a multi-year deal with Google Cloud to provide sovereign cloud services in the country.

The counter surged 16.42%, rising 5.5 sen to 39 sen at 9:44 am, making it the most active counter on Bursa Malaysia with 73 million shares traded. Despite this gain, it has experienced a 2.5% decline year-to-date.