Loss-making MSM attracts speculative interest

TheStar Tue, Apr 21, 2020 04:19pm - 4 years View Original


On Monday, its share price rallied 18.5 sen to 60 sen with 153.5 million shares on strong trading interest following the advance in the KLCI.

KUALA LUMPUR: Loss-making sugar refiner MSM Malaysia Holdings Bhd continued to attract speculative interest on Tuesday, inching up in active trade, amid the weaker broader market.

At 4pm, it was up one sen to 61 sen with 143.19 million shares done.

Meanwhile, the FBM KLCI fell 24.30 points or 1.72% to 1,388.82 due to the plunge in crude oil prices. Turnover was 5.68 billion shares valued ay RM2.41bil. The broader market continued to stay weak with 858 losers to 165 gainers and 224 counters unchanged.

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