KUALA LUMPUR: Shares of TEBRAU TEGUH BHD [] rose 10.3% to 91 sen in late afternoon on Thursday, Jan 13 as trading interest focuses on companies with exposure to the property sector in Johor, especially the Iskandar Malaysia.
At 3.04pm, Tebrau Tegu was up 8.5 sen to 91 sen. There were 46.60 million shares transacted.
The FBM KLCI rose 3.14 points to 1,569.63. Turnover was 1.9 billion shares valued at RM1.83 billion.'' There were are 467 gainers, 345 losers and 302 stocks unchanged.
RHB Research said it believed property stocks which have high exposure to the Johor region, and high beta (more than 1.8) such as UEM Land, Tebrau Teguh and Mulpha International, are likely to attract trading interest.
'Maintain Overweight on the sector,' it said on Thursday, Jan 13. Its top picks are SP Setia (OP, FV = RM6.95), and IJM Land (OP, FV = RM3.50) for big caps; and KSL (OP, FV = RM2.78) and Mah Sing (OP, FV = RM2.50) for small-mid caps. For Johor exposure, its fundamental pick is KSL.
At 3.04pm, Tebrau Tegu was up 8.5 sen to 91 sen. There were 46.60 million shares transacted.
The FBM KLCI rose 3.14 points to 1,569.63. Turnover was 1.9 billion shares valued at RM1.83 billion.'' There were are 467 gainers, 345 losers and 302 stocks unchanged.
RHB Research said it believed property stocks which have high exposure to the Johor region, and high beta (more than 1.8) such as UEM Land, Tebrau Teguh and Mulpha International, are likely to attract trading interest.
'Maintain Overweight on the sector,' it said on Thursday, Jan 13. Its top picks are SP Setia (OP, FV = RM6.95), and IJM Land (OP, FV = RM3.50) for big caps; and KSL (OP, FV = RM2.78) and Mah Sing (OP, FV = RM2.50) for small-mid caps. For Johor exposure, its fundamental pick is KSL.
In this post very nicely describe Tebrau Teguh up 10.3%, rising interest in Johor property stocks. You have given great and also useful information regarding Shares of TEBRAU TEGUH BHD.
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