KUALA LUMPUR: Shares of GAMUDA BHD [] advanced in early trade on Friday, Dec 10 after fresh positive corporate news and Hwang DBS Vickers Research's reaffirmation of its target price RM4.90.
At 9.10am, it was up 10 sen to RM3.89 while the call warrants, Gamuda-CD climbed five sen to RM1.67.
However, the FBM KLCI slipped 1.96 points to 1,519.33. Turnover was 65.65 million shares valued at RM67.25 million. Gainers led losers 116 to 67 while 116 counters were unchanged.
HDBSVR said Gamuda remains on its high conviction list. Gamuda is looking to bid for the Qatar MRT project next year worth US$45bn (RM141 billion). This target completion date is 2021, ahead of the FIFA World Cup in 2022.
At 9.10am, it was up 10 sen to RM3.89 while the call warrants, Gamuda-CD climbed five sen to RM1.67.
However, the FBM KLCI slipped 1.96 points to 1,519.33. Turnover was 65.65 million shares valued at RM67.25 million. Gainers led losers 116 to 67 while 116 counters were unchanged.
HDBSVR said Gamuda remains on its high conviction list. Gamuda is looking to bid for the Qatar MRT project next year worth US$45bn (RM141 billion). This target completion date is 2021, ahead of the FIFA World Cup in 2022.
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