As Kumpulan Powernet continues to climb, chairman Abdul Karim says any growth plans will be announced
KUALA LUMPUR (Feb 13): Kumpulan Powernet Bhd shares continued their uptrend today, surpassing the record high it reached yesterday, making it Bursa Malaysia's fourth biggest gainer of the day at press time.
The stock climbed as much as 15.08% or 38 sen to RM2.90 earlier, before paring some gains. At 4.10pm, the stock was trading at RM2.79, still up 27 sen or 10.71%, giving it a market capitalisation of RM218.55 million. The counter saw some 3.77 million shares traded.
The counter has gained over 600% in the past 12 months. With today’s jump, Kumpulan Powernet has near doubled its market value since the start of the year. This week alone, the stock has climbed near 50%.……
Leave a comment in Nestia App