Red hot stocks: Steel and metal shares on Bursa Malaysia go on a rally
PETALING JAYA: Companies in the steel industry recorded big gains on the back of rising prices of the product in China that has hit multi-year highs.
Steel counters dominated Bursa Malaysia gainers’ list yesterday, with companies such as Ann Joo Resources Bhd
rising 5.59% or 17 sen to close at RM3.21 and Southern Steel Bhd gaining 7.6% or 13 sen to close at RM1.84.
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