Melewar Industrial Group Bhd News Today : Breaking News, Live Updates & Top Stories | Vimarsana
Sabah cinema industry gets a boost with 10Star Cinemas expansion plans
thestar.com.my - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thestar.com.my Daily Mail and Mail on Sunday newspapers.
Making high-quality education accessible to all
thestar.com.my - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thestar.com.my Daily Mail and Mail on Sunday newspapers.
At 10am, the FBM KLCI was up six points at 1,642.69.
Gainers led losers by 498 to 387, while 357 counters traded unchanged. Trading volume was 1.61 billion shares valued at RM1.11 billion.
The gainers included Malaysian Pacific Industries Bhd, Press Metal Aluminium Holdings Bhd, Public Bank Bhd, UWC Bhd, Euro Holdings Bhd, Toyo Ventures Holdings Bhd, KESM Industries Bhd, Mi Technovation Bhd, KPower Bhd and Pentamaster Corp Bhd.
The actively traded stocks included Iris Corp Bhd, Kanger International Bhd, JCY International Bhd, Avillion Bhd, Melewar Industrial Group Bhd and Inix Technologies Holdings Bhd.
The decliners included Hartalega Holdings Bhd, Rapid Synergy Bhd, Fraser & Neave Holdings Bhd (F&N), Nestle (Malaysia) Bhd, Supermax Corp Bhd, TIME dotCom Bhd, Kossan Rubber Industries Bhd and Top Glove Corp Bhd.
.
Despite the market rally that took place in most part of this year, share prices of steel-related counters have largely stagnated as investors stayed away from the sector.
However, thanks to the anti-dumping duty news and the recovery play in the sector, such counters are finally waking up from deep slumber.
Yesterday, Masteel jumped 34.58% to 72 sen, its highest in over two years, while Lion Industries gained 17.46% to 74 sen, its highest since mid-2018.
Melewar surged by 74.63% to 58.5 sen, Mestron Holdings Bhd gained 10.26% to 21.5 sen, Mycron Steel Bhd rose by 52.69% to 71 sen and Hiap Teck (pic) was up by 5.49% to 48 sen.
Melewar surged by 74.63% to 58.5 sen, Mestron Holdings Bhd gained 10.26% to 21.5 sen, Mycron Steel Bhd rose by 52.69% to 71 sen and Hiap Teck (pic) was up by 5.49% to 48 sen.