‘Sweeter’ prospects for MSM this year


According to a dealer, the stock is on the radar for several reasons.

SHARES of MSM Malaysia Holdings Bhd have been on a steady uptrend since early November, closing over 50% higher at RM1.93 yesterday, with a market capitalisation of RM1.36bil.

In a note to clients on Jan 18, AmInvestment Bank said the stock was trading above the 20-day exponential moving average (EMA), “reinforcing its upward trajectory”.

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!
   

Next In Business News

Etiquette at an open house
Trump’s presidency a boon
Elevating outdoor oases
GDA stands firm on RM11 offer for MAHB despite directors' rejection
Ringgit expected to trade within narrow range next week amid holiday calm
Oil steady as markets weigh Fed rate-cut expectations
The beauty of Hygr’s formula
Top Glove bullish on outlook amid steady order inflows
US market - prudence is golden
Book speaks volumes about Penang food

Others Also Read