“Also, the potential of the stock being included in major benchmark indexes such as the FBM KLCI and MSCI should raise further interest, ” said RHB Research, which has initiated coverage on MR DIY.
KUALA LUMPUR: Shares of MR DIY rose to a high of RM3.10 in mid-morning trade on Thursday, which was 94% above its listing price of RM1.60 as analysts see strong core earnings growth.
At 10.30am, it was up 18 sen to RM3.07. There were 6.14 million shares done at prices ranging from RM2.88 to RM3.10.
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