Another stocks rally in the works - construction, boosted by LRT3


Artist impression PKNS PJ Sentral Garden City project

PETALING JAYA: Construction stocks rallied again yesterday in anticipation of the first round of Light Rail Transit 3 (LRT3) contracts, which are being awarded in stages beginning this month, say observers.

As at 5pm yesterday, numerous construction companies were among the top gainers on Bursa Malaysia with several counters chalking up all-time highs.

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!

Business , Construction stocks , LRT3 , George Kent , PDP , MRCB , Bursa , shares ,

   

Next In Business News

Cash purchase vs mortgage
The intriguing viability of themed rentals
DBKL’s tax moves on KLites questioned
Sime Darby Property's Elmina Lakeside Mall achieves 99% occupancy
Sime Darby Property's Elmina Lakeside Mall hits 99% occupancy
Ringgit likely to face cautious trading next week
GDA INCHES CLOSER TO 90% ACCEPTANCE
M&As in the spotlight
Bringing the outdoors in
Asia and EMs offer compelling value

Others Also Read