Construction counters hit new all time highs following Budget 2017
KUALA LUMPUR : Several construction counters have rallied to new all time highs following the Budget 2017 presentation last week due to the continuation of existing major infrastructure initiatives and positive earnings expectations ahead of the third quarter earnings season.
As at 1230PM, five counters, namely Sunway Construction Group Bhd, Ekovest Bhd, Gadang Holdings Bhd, Econpile Holdings Bhd, and George Kent (M) Bhd, have hit new highs or are currently hovering near record prices.
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